Social Security Tax Wage Limit 2024 Opm. If you are working, there is a limit on the amount of your earnings that is taxed by social security. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.
If you are working, there is a limit on the amount of your earnings that is taxed by social security. The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child.