Social Security Taxable Income Limit 2024 Over 65. Singles with combined income between $25,000 and $34,000 owe taxes on up to 50% of benefits, and if more than $34,000, on up to 85% of benefits. Your gross income for tax is $15,700 or more.
The limit on annual earnings subject to social security taxes is referred to as the taxable maximum or the social security tax cap. You file a federal tax return as an individual and your combined income is between $25,000 and $34,000.
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