Social Security Limit 2024 Tax Return. Taxes and social security benefits in 2024: We call this annual limit the contribution and benefit base.
Single filers with a combined income of $25,000 to $34,000 must pay income taxes on up to 50% of their social security benefits. Ms reeves has ruled out increasing personal income taxes, national insurance and vat as well as corporation tax, leaving a limited field of other taxes on private wealth and business.
