2024 Social Security Max Tax Deduction. Workers earning less than this limit pay a 6.2% tax on their earnings. This amount is known as the “maximum taxable earnings” and changes.


2024 Social Security Max Tax Deduction

The maximum amount of earnings subject to social security tax (taxable maximum) will increase to $168,600 from $160,200. You file a federal tax return as an individual and your combined income is between $25,000 and $34,000.

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