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Have questions? We've got you covered!What changes are being made to Form W-2 PR for the tax year 2024?
The W-2 PR form has some changes in the base limit of wages, withheld, and contributions. They are listed below,
- Social Security wage base limit for TY 2024 is changed to $160,200 from $147,000
- Social Security withheld is changed to $9,932.4 from $9,114.00
- Contributions to CODA PLANS cannot exceed $30,000
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