What Is The Max Social Security Tax For 2024 In Us. Individual taxable earnings of up to $168,600 annually will be subject to social security tax in 2024, the social security administration (ssa) announced. Recently, the social security administration announced that the wage base for computing social security tax will increase to $168,600 for 2024, which is up from.

Here’s what that means for benefit maximums. Every year, there’s a cap to the amount of income you earn that is subject to social security taxes.