Social Security Limit 2024 Tax. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. Social security is already expected to become insolvent by 2034, and tax experts have broadly criticized trump’s proposal because they believe it will speed that timeline up.

Depending on your income, up to 85% of your social security benefits can be subject to tax. So, if you earned more than $160,200 this last year, you didn’t have to pay the.