What Is The Max Social Security Tax For 2024 Withholding. (last year, the tax limit was $160,200. You can ask us to withhold federal taxes from your social security benefit payment when you first apply.

So, if you earned more than $160,200 this last year, you didn’t have to pay the social security. 6.2% social security tax on the first $168,600 of wages (6.2% x $168,600 makes the maximum tax $10,453.20), plus.