What Is The 2024 Social Security Tax Limit For Seniors. When you calculate how much of your social security benefit is taxable, use the $2,000/month number and multiply that by the number of months to get the annual social. The wage base or earnings limit for the 6.2% social security tax rises every year.
The 2024 limit is $168,600, up from $160,200 in 2023. Tax brackets and tax rates.
