Irs Social Security Tax Cap 2024. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an. Below are federal payroll tax rates and benefits contribution limits for 2024.


Irs Social Security Tax Cap 2024

The social security administration (ssa) has announced that the maximum earnings subject to the social security payroll tax will increase by $8,400 in 2024. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax.

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