Social Security Tax Withholding 2024

Social Security Tax Withholding 2024. That’s what you will pay if you earn $168,600 or more. You can ask us to withhold federal taxes from your social security benefit payment when you first apply.


Social Security Tax Withholding 2024

The rate of social security tax on taxable wages is 6.2% each for the employer and employee. So, if you earned more than $160,200 this last year, you didn’t have to.

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