Social Security Tax Limit 2024 Amount. The fastest way to find out your new benefit amount is to access your personal mysocial security account to view the cola notice online. Individual taxable earnings of up to $168,600 annually will be subject to social security tax in 2024, the social security administration (ssa) announced thursday.

11 rows if you are working, there is a limit on the amount of your earnings that is taxable by social security. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax.