Social Security Tax Wage Limit 2024 Nj. Individuals with multiple income sources will. I.e., 6.20% × $168,600), plus;
For 2024, an employer must withhold: The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child.
For 2023, The Wage Base Was $160,200.
For 2024, an employer must withhold:
In 2024, The Social Security Wage Base Limit Rises To $168,600.
You aren’t required to pay the social security tax on any income beyond the social security wage base limit.
11 Rows The Maximum Earnings That Are Taxed Have Changed Through The Years As Shown In The Chart Below.
Images References :
For Earnings In 2024, This Base Is $168,600.
The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child.
For 2024, The Social Security Tax Limit Is $168,600.
In 2024, the social security wage base limit rises to $168,600.
