Maximum Social Security Tax 2024

Maximum Social Security Tax 2024. Every year, there's a cap to the amount of income you earn that is subject to social security taxes. The current rate for medicare is 1.45% for the.

The current rate for medicare is 1.45% for the.  — so, if the 2025 estimate from the social security trust fund’s board of trustees gets confirmed in october, you’ll pay no more than $10,844 ($174,900 x 6.2%) in social security taxes.