Taxes On Social Security Income 2025 Rates. Those who earn more than those amounts will pay at least some state taxes on social security income. Social security benefits are an important source of retirement income, and no one wants to lose this money to taxes.
For some, that could trigger larger tax bills and medicare premium payments. (the 2024 tax limit is $168,600.) this 4.4% increase is less than the 5.2% jump from 2023 to 2024.