Irs Social Security Tax Cap 2024. This amount is also commonly referred to as the taxable maximum. For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023).
A large chunk of trump’s namesake 2017 tax cuts are set to expire at the end of 2025, including the basic rates paid by individuals and families, and both trump and harris are making the issue a. This amount is known as the “maximum taxable earnings” and changes each year.