Social Security Taxable Limit 2024

Social Security Taxable Limit 2024. Social security payments are subject to federal income tax in 2024, but only if combined income exceeds certain limits. Workers earning less than this limit pay a 6.2% tax on their earnings.


Social Security Taxable Limit 2024

The wage base or earnings limit for the 6.2% social security tax rises every year. Above $34,000 for a single filer or $44,000 for a couple, up to 85 percent of benefits can be taxed.

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