Fica Tax Rate 2024 Limit

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Fica Tax Rate 2024 Limit. The social security tax rate is 12.4% of the employee’s gross income, up to a certain income limit. For 2024, the irs has set the fica limit at.


Fica Tax Rate 2024 Limit

For earnings in 2024, this base is $168,600. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax.

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