Social Security Tax Limit 2024 Withholdings

Social Security Tax Limit 2024 Withholdings. The social security tax limit is set each year. In 2024, 7.65% is the combined rate for social security, at 6.20% up to the wage base limit of $168,600, and medicare at 1.45% without a limit.


Social Security Tax Limit 2024 Withholdings

If you need more information about tax withholding, read irs publication 554, tax guide for seniors, and publication 915, social security and equivalent railroad retirement. This amount is known as the.

Social Security Tax Limit 2024 Withholdings Images References :