Social Security Tax Limit 2024 Married Man. 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. Only the social security tax has a wage base limit.
The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each. The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child.
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Social Security Tax Limit 2024 Check Maximum Taxable Earnings & How It, The wage base or earnings limit for the 6.2% social security tax rises every year.
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