Social Security Tax Limit 2024 Rate. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.
The wage base or earnings limit for the 6.2% social security tax rises every year. 11 rows if you are working, there is a limit on the amount of your earnings that is taxed by social security.