2024 Max Social Security Tax

2024 Max Social Security Tax. The payroll tax, which accounts for 96 percent of social security’s revenues, is generally 12.4 percent of a person’s earnings up to a maximum annual amount ($168,600 in. 2% social security tax on the first $168,600 of wages (6.2% x $168,600 makes the maximum tax $10,453.20), plus.


2024 Max Social Security Tax

For earnings in 2025, this base is $176,100. Individuals with multiple income sources will.

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