Social Security Taxable Income Limit 2024 Irs. 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. The social security benefits program puts a limit on the amount of income you make each year that is subject to social security.

Social security tax limit jumps 5.2% for 2024. Social security income is taxed in some form or.