2024 Social Security Tax Limit Captcha. 11 rows if you are working, there is a limit on the amount of your earnings that is taxed by social security. For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023).
In 2024, it takes $1,730 to earn a social security credit. The 12.4% tax is split between employers and employees.