Social Security Tax Limit 2024 Amount Increase

Social Security Tax Limit 2024 Amount Increase. You file a federal tax return as an individual and your combined income is between $25,000 and $34,000. 11 rows if you are working, there is a limit on the amount of your earnings that is taxable by social security.


Social Security Tax Limit 2024 Amount Increase

The social security administration recently announced that the wage base for computing social security tax will increase to $168,600 for 2024 (up from $160,200 for 2023). (last year, the tax limit was $160,200.

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