Oasdi Tax Maximum 2024. As a result, in 2024 you’ll pay no more than $10,453 ($168,600 x 6.2%) in social security taxes. The maximum amount of income subject to the oasdi tax is $168,600 in 2024.
This is up from $160,200 in 2023. The oasdi tax rate for wages paid in 2024 is set by statute at.
Oasdi Tax, Also Known As Social Security Tax, Is Collected From Paychecks To Fund The Social Security.
The oasdi payroll tax is imposed on earnings creditable for social security purposes up to an annual taxable maximum amount ($168,600 in 2024) that ordinarily increases each year with.
How Much Your Receive Depends.
This is up from $160,200 in 2023.
Oasdi Tax Maximum 2024 Images References :
The Maximum Social Security Employer Contribution Will Increase By $520.80 In 2024.
The maximum income on which you’ll pay oasdi taxes for the 2024 tax year is $168,600 (up from $160,200 in 2023).
The Oasdi Tax Has A Taxable Maximum, Also Known As The Social Security Wage Base.