Social Security Tax 2024 Capacity


Social Security Tax 2024 Capacity. According to a recent report from the social security trust fund’s board of trustees, the tax limit for social security is projected to go up to $174,900 in 2025. In 2023, the limit was $160,200.


Social Security Tax 2024 Capacity

For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023). In 2023, wages of up to $160,200 were taxable for social security purposes.

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