Social Security Max 2024 Withholding Rate. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax. The resulting maximum social security tax for 2024 is $10,453.20.
Withholding taxes from your social security payments is one way to cover your potential tax liability before tax day arrives. So, if you earned more than $160,200 this last year, you didn’t have to pay the social security.
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