Social Security tax on your wages this year, 2024
This works out one number from the Social Security Wage Base figures published for 2024. Every amount it uses is below, with the document it was read from. What you enter is your own: this site has no way to check it, and the answer it produces is not a published figure.
Not the one you need? The same year also has social Security wage base headroom.
Effective 2024-01-01Source: Publication 15 (2024), (Circular E), Employer's Tax Guide (IRS)Verified 2026-09-02
How it is worked out
The published percentage of your amount, or of the published cap if your amount is more than that, rounded to the nearest cent.
It uses Employee social security tax rate, 6.2% and Wage base limit, $168,600, published above.
Figures in this colour are computed from the amounts above. They are not published figures and no document states them.
Work it out
The live calculator needs JavaScript. The table below covers common amounts and is computed the same way.
Worked out for common amounts
| Your wages this year | Result |
|---|---|
| 0 | $0 |
| 50,000 | $3,100 |
| 100,000 | $6,200 |
| 150,000 | $9,300 |
| 250,000 | $10,453.20 |
How each figure was verified
Each number below was read from a stored copy of the document named beside it, and checked to occur word for word in the quoted sentence. The digest is of that stored text.
Publication 15 (2024), (Circular E), Employer's Tax Guide (IRS)
- Wage base limit
Social security and Medicare tax for 2024. The rate of social security tax on taxable wages is 6.2% each for the employer and employee. The social security wage base limit is $168,600.
- Employee social security tax rate
For 2024, the social security tax rate is 6.2% (amount withheld) each for the employer and employee (12.4% to- tal).
Every 2024 Social Security Wage Base figure · Social Security Wage Base in every year · Every calculator on this site