Social Security Tax Limit 2024 Withholding . Social security and medicare tax for 2024. For tax year 2021, once an employee earns $142,800 from an employer, social security taxes are no longer withheld.
Social security is not sustainable over the long term at current benefit and tax rates. Up to 85% of your social security benefits are taxable if:
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Social Security Tax Limit 2024 Withholding Form Fawnia Shelley , For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023).
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