Social Security Tax Limit 2024 Withholding. If you are working, there is a limit on the amount of your earnings that is taxed by social security. You file a federal tax return as an individual and your combined income is between $25,000 and $34,000.
The 2024 limit is $168,600, up from $160,200 in 2023. Social security tax limit 2024 withholding chart mavra sibella, for example, if you retire at full retirement age in 2024, your maximum benefit would be $3,822.