Social Security Tax Limit 2024 Amounts

Social Security Tax Limit 2024 Amounts. We call this annual limit the contribution and benefit base. For 2024, the social security tax limit is $168,600, and it will increase to $176,100 in 2025.

For 2024, the social security tax limit is $168,600, and it will increase to $176,100 in 2025. 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.