Social Security Max 2024 Deduction

Social Security Max 2024 Deduction. We call this annual limit the contribution and benefit base. If your social security income is taxable depends on your income from other sources.


Social Security Max 2024 Deduction

For 2024, that limit is $22,320. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an increase of $8,400).

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