What Is The Max Social Security Tax For 2024 Usa

What Is The Max Social Security Tax For 2024 Usa. The social security wage cap will be increased from the 2023 limit of $160,200 to the new 2024 limit of $168,600. You file a joint return, and.

We call this annual limit the contribution and benefit base. Recently, the social security administration announced that the wage base for computing social security tax will increase to $168,600 for 2024, which is up from.