2024 Max Social Security Tax Withholding 2024
Submit a request to pay taxes on your social security benefit throughout the year instead of paying a large bill at tax time. You can have 7, 10, 12 or 22 percent of your monthly benefit withheld for taxes.
If you are working, there is a limit on the amount of your earnings that is taxed by social security. Of course, both employers and employees pay the 6.2% social.