Social Security Income Tax Limit 2024 Single

Social Security Income Tax Limit 2024 Single. The current rate for medicare is 1.45% for the employer. People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty.

11 rows if you are working, there is a limit on the amount of your earnings that is taxable by social security. So, if you earned more than $160,200 this last year, you didn’t have to pay the.