Social Security Limit 2024 Earnings Income Tax Return

Social Security Limit 2024 Earnings Income Tax Return.  — the social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.  — you are not required to pay any social security tax on income that goes past the wage base limit, which for 2024 is $168,600, up from $160,200 in 2023.

 — up to 50% of your social security benefits are taxable if:  — the wage base or earnings limit for the 6.2% social security tax rises every year.