Social Security Income Tax Limit 2024 Uk. In 2024, the social security tax limit rises to $168,600. In 2024, the social security tax limit is set at $168,600, a notable increase from the $160,200 limit in 2023.

For example, if you are eligible for $1,000 per month in social security payments at your full retirement age of 67, you could increase your social security. If you file your income tax return as an individual with a total income that’s less than $25,000, you won’t have to pay taxes on your social security benefits.