Social Security Income Tax Limit 2024 Table. You will pay tax on your social security benefits based on internal revenue service (irs) rules if you: You are not required to pay any social security tax on income that goes past the wage base limit, which for 2024 is $168,600, up from $160,200 in 2023.

Use the beneficiary’s tax filing status when using the table. Social security tax limit jumps 5.2% for 2024;