Social Security Income Tax Limit 2024 Toyota. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. However, if you’re married and file separately, you’ll likely have.
As your total income goes up, you’ll pay federal income tax on a portion of the benefits while the. People under full retirement age can earn up to $21,240 in 2023 while on social security without penalty.