Allx Nikoletta

Social Security Income Cap 2024. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax. The maximum benefit depends on the age you retire.

In 2024, you can earn up to $22,320 without having your social security benefits withheld. According to the amended regulation announced in budget 2024, the tax authorities can only go back a maximum of five years to reassess a taxpayer’s records if the.