Tax Tip #219

Ralph Loggia • October 29, 2024

Tax Impact of Earning Over $168,600 in 2025

In 2025, individual taxable earnings up to $176,100 will be subject to Social Security tax, an increase of $7,500 from 2024. 


As a result, employees earning this amount or more will pay an additional $465 into Social Security compared to 2024. 


Employers will also contribute the same amount. Self-employed individuals with net income at or above this level in 2025 will pay $930 more.

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