Social Security Limit 2024 Taxable. Deduction up to ₹1.5 lakh under section 80ccd (1) and ₹50,000 under section 80ccd (1b). In 2024, the limit is.

The social security tax limit will rise to $176,100 in 2025. You file a federal tax return as an individual and your combined income is more than $34,000.