Revenue from Taxing Social Security Benefits Exceeds $1.6 Trillion over Ten Years

Revenue from Taxation of Social Security Benefits to Social Security OASDI and Medicare Health Insurance Trust Funds, Billions of Dollars, 2023 to 2032

Note: Estimates use intermediate forecasts for Social Security and Medicare trust funds.
Source: 2024 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds, Table IV.A3, and the 2024 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds, Table III.B4.
Chart: Garrett Watson, Tax FoundationEmbed Download imageGet the data