2024 Max Social Security Tax Withholding
2024 Max Social Security Tax Withholding. Calculate the estimated payroll taxes due on wages for both employees and employers. (for 2023, the tax limit was $160,200.
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. For 2024, the social security tax limit is $168,600.