Social Security Max 2024 Deduction Over 65

Social Security Max 2024 Deduction Over 65. But that limit is rising in 2024, which means seniors who are working and collecting social security simultaneously can earn more money without having their benefits impacted. For 2024, the social security tax limit is $168,600.


Social Security Max 2024 Deduction Over 65

However, the deductible cannot be more than. The standard deduction (used instead of itemized deductions) will increase by $750 for single filers and $1500 for joint filers (table 2).

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