Dennie Marrilee

Social Security Tax Limit 2024 Withholding. You file a federal tax return as an individual and your combined income is more than $34,000. The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each.

You can have 7, 10, 12 or 22 percent of your monthly benefit withheld for taxes. The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each.