Social Security Tax Limit 2024 Married Filing Jointly. If your social security income is taxable depends on your income from other sources. Individuals who are younger than full retirement age, collecting social security retirement benefits and continuing to work, will have some or all their social security benefits reduced if they earn.

The income limit for claiming the saver’s credit has been increased to $76,500. Individuals with earned income of more than $200,000 ($250,000 for married couples filing jointly and $125,000 for married taxpayers filing separately) pay an additional.