Irs Social Security Tax Cap 2024. The internal revenue service has announced an increase in the social security wage base to $168,600, up from $160,000. File a federal tax return as an individual and your combined income * is.


Irs Social Security Tax Cap 2024

The maximum amount of earnings subject to the social security tax (taxable maximum) will increase to. For 2024, the social security wage cap will be $168,600, and social security and supplemental security income (ssi) benefits will increase by 3.2 percent.

Irs Social Security Tax Cap 2024 Images References :