What Is The 2024 Social Security Tax Limit For Seniors. The maximum amount of earnings subject to social security payroll taxes was $168,600 for 2024, up from $160,200 in 2023. The maximum amount of earnings subject to social security payroll taxes was $168,600 for 2024, up from $160,200 in 2023.
Revenue from the tax on benefits helps fund social security and medicare part a (hospitalization); Find out how to file and pay taxes, get free tax services, and access special tax rules for older adults.
