Taxes On Social Security Income 2025 Changes

Taxes On Social Security Income 2025 Changes. Attention taxpayers…starting january 1, 2025, the social security wage base will jump to $176,100 for payroll taxes. While federal taxes can claim up to 85% of social security benefits based on income, state taxes add another layer of complexity.

But high earners could find themselves paying an extra $465 per year in taxes if they’re. The social security tax limit in 2025 is $176,100, up $7,500 from $168,600 in 2024.