Oasdi Tax 2024 Limit. 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 limit in 2024 is $168,600.
The oasdi limit 2024 has jumped up, making a splash in your social security game plan. For earnings in 2024, this base is $168,600.
This Is Also Called The Taxable Maximum, Meaning That Any Income Above This Limit Is Not Subject To Oasdi Taxes.
We call this annual limit the contribution and benefit base.
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 federal government sets a limit on how much of your income is subject to the social security tax.
Oasdi Tax 2024 Limit Images References :
For Earnings In 2024, This Base.
(for 2023, the tax limit was $160,200.
Higher Wage Base Means More Cash Stashed For.
Keep in mind that this income limit applies only to the social.