Social Security Max 2024 Deduction Limit. You file a federal tax return as an individual and your combined income is between $25,000 and $34,000. Any earnings above the wage base limit are free from social security payroll taxes.
The maximum social security benefit in 2024 is $3,822 per month at full retirement age. In 2023, the salary limit subject to social security tax is $160,200.
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