Social Security Income Tax Limit 2024 Calendar. People under full retirement age can earn up to $21,240 in 2023 while on social security without penalty. There is no earnings cap after full retirement age.
Social security tax limit jumps 5.2% for 2024; The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child.