Social Security Taxable Income Limit 2024 Irs. Find the current tax rates for other filing statuses. This cap is the highest annual income subject to social security tax, and the closer your wages are to this limit, the higher your benefit will be.

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.