Never mind, I found the latest tax rates. Since all of the tax estimators didn't break out SS income separately, they aren't equipped to determine which portion of that income is taxable. Also, the estimators don't ask for medical expenses separately, which is kind of important in the comparison since the current system has a 10% of AGI threshold, while the new tax scheme has a 7.5% of AGI threshold.
Based on manually computing the difference, we'll owe $450 more under the new tax plan, or about 10% more than we would have owed. :middle_finger:
You’ve got company. Those of us with significant SALT deductions, are going to see a sizable tax increase.
Check post 79.