Social Security Taxable Income Limit 2024 Calculator

Social Security Taxable Income Limit 2024 Calculator. People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty. If you have a lot of income from other sources, up to 85% of your social security benefits will be considered.

Up to 85% of your social security benefits may be subject to taxes at your ordinary income tax rate, but 44% of people won’t owe any income taxes on their social security benefits. If you have a lot of income from other sources, up to 85% of your social security benefits will be considered.