Social Security Max 2024 Deduction Table. In 2023, the limit was $160,200. The federal government can tax up to 85% of your social security benefits, so it's good to know how those taxes are calculated.

The oasdi tax rate for wages paid in 2025 is set by statute at 6.2 percent for employees and employers, each. For earnings in 2024, this base is $168,600.