2025 Social Security Tax Limit. That’s because, as the bill is worded, federal taxes on social security income would be eliminated beginning in 2025 (tax returns filed in early 2026). The social security tax limit for 2025 is projected to be $174,900 in 2025 based on the “intermediate” projections from the 2024 board of trustees of the social security trust.

The social security administration (ssa) has announced that the maximum earnings subject to the social security payroll tax will increase by $7,500 in 2025. In 2024, the maximum earnings subject to social security tax is $168,600.