Income Taxes and Your Social Security Benefit
You will pay tax on your Social Security benefits based on Internal Revenue Service (IRS) rules if you: File a federal tax return as an "individual" and your combined income* is Between $25,000 and $34,000, you may have to pay income tax on up to 50% of your benefits. More than $34,000, up to 85% of your benefits may be taxable.
Benefits Planner | Social Security Tax Limits on Your Earnings | SSA
If you are working, there is a limit on the amount of your earnings that is taxable by Social Security. This amount is known as the “maximum taxable earnings” and changes each year. The maximum taxable earnings have changed through the years, as shown in the chart below.
Income Taxes and Your Social Security Benefit
You will pay tax on your Social Security benefits based on Internal Revenue Service (IRS) rules if you: File a federal tax return as an "individual" and your combined income* is Between $25,000 and $34,000, you may have to pay income tax on up to 50% of your benefits. More than $34,000, up to 85% of your benefits may be taxable.
Request to withhold taxes - The United States Social Security ...
Submit a request to pay taxes on your Social Security benefit throughout the year instead of paying a large bill at tax time.
Must I pay taxes on Social Security benefits? - The United States ...
You must pay taxes on up to 85% of your Social Security benefits if you file a: Federal tax return as an "individual" and your "combined income" exceeds $25,000.
The Social Security portion (OASDI) is 6.20% on earnings up to the applicable taxable maximum amount (see below). The Medicare portion (HI) is 1.45% on all earnings.
Cost-of-Living Adjustment (COLA) Information | SSA
Social Security and Supplemental Security Income (SSI) benefits for more than 72.5 million Americans will increase 2.5 percent in 2025. The 2.5 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 68 million Social Security beneficiaries in January 2025.
Single filers with wages, compensation, or self-employment above $200,000, and joint filers with wages, compensation, or self-employment above $250,000, pay an additional HI tax of 0.9 percent.
Get tax form (1099/1042S) - The United States Social Security ...
Download a copy of your 1099 or 1042S tax form so you can report your Social Security income on your tax return.
What is the current maximum amount of taxable earnings for …
In 2025, the maximum amount of earnings on which you must pay Social Security tax is $176,100. We raise this amount yearly to keep pace with increases in average wages.