Social Security Withholding 2024 Rate Your

Social Security Withholding 2024 Rate Your. You file a federal tax return as an individual and your combined income is more than $34,000. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.

When you calculate how much of your social security benefit is taxable, use the $2,000/month number and multiply that by the number of months to get the annual social security benefits. Having the wrong amount withheld can result.