2024 Social Security Tax Limit Cap Rate
2024 Social Security Tax Limit Cap Rate. 6.2% social security tax on the first $168,600 of wages (6.2% x $168,600 makes the maximum tax $10,453.20), plus. As the irs explains in publication 15, only the social security tax has a wage base limit. The oasdi tax rate for wages paid in 2024 is set by …