Social Security Income Tax Limit 2024 Nj. Social security is not taxed at the state level in new jersey, and state income taxes will be low for most retirees with income from retirement accounts and pensions below $75,000. The wage base or earnings limit for the 6.2% social security tax rises every year.
Customize using your filing status, deductions, exemptions and more. New jersey residents must file state taxes if they earned more than $10,000 individually or $20,000 if married filing jointly.