Social Security Tax Wage Limit 2024 Income. In 2010, the program paid more in benefits and expenses than it collected in taxes and. You are not required to pay any social security tax on income that goes past the wage base limit, which for 2024 is $168,600, up from $160,200 in 2023.


Social Security Tax Wage Limit 2024 Income

You are not required to pay any social security tax on income that goes past the wage base limit, which for 2024 is $168,600, up from $160,200 in 2023. 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.

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