Fica Limit 2024 Dollar Amounts. Your employees may not base their withholding amounts on a fixed dollar amount or percentage. They generally add up to 7.65% of your wages or salary and are mandatory.
The social security wage base has increased from $160,200 to $168,600 for 2024, which increases the maximum individual contribution by 5.2%. What is the maximum income subject to fica tax for 2024?
Fica Limit 2024 Dollar Amounts Images References :