Social Security Tax Wage Limit 2024 Tacoma. 11 rows if you are working, there is a limit on the amount of your earnings that is taxed. The maximum taxable earnings for social security will rise to $168,600 in 2024, up from $160,200 in 2023.
The internal revenue service has announced an increase in the social security wage base to $168,600, up from $160,000. The wage base or earnings limit for the 6.2% social security tax rises every year.