Maximum Social Security Tax 2024 Amount

Maximum Social Security Tax 2024 Amount. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi). You file a federal tax return as an individual and your combined income is more than $34,000.

For medicare’s hospital insurance (hi) program, the taxable maximum was the same as that for the. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax.