Social Security Taxable Income Limit 2024 Over 65. 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. For calculating taxes on social security, the key combined income thresholds (for 2024) are $25,000 for single filers and over $32,000 for those married and filing jointly.
This amount is known as the “maximum taxable earnings” and changes each year. Up to 50% of your social security benefits are taxable if:
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