Social Security Limit 2024 Tax Brackets. Earnings limit for workers who are younger than full retirement age (benefits reduced $1 for each $2 over the earnings. The 2024 standard deduction amounts are as follows:
The tax brackets above are for the 2024 tax year. You will pay 10 percent on taxable income up to $11,600, 12 percent on the amount over $11,600 to $47,150, and 22 percent above that (up to $100,525).