Social Security Tax Limit 2024 Ford. This is a significant jump from 2023’s. The irs reminds taxpayers receiving social security benefits that they may have to pay federal income tax on a portion of those benefits.

The irs reminds taxpayers receiving social security benefits that they may have to pay federal income tax on a portion of those benefits. For 2024, the social security tax limit has been set at $168,600, an increase from the $160,200 limit in 2023.