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To: bitt

https://www.theepochtimes.com/us/whats-in-the-senate-version-of-the-big-beautiful-bill-5880045?

....

$6,000 Social Security Deduction for Seniors
Instead of Trump’s “no taxes on Social Security,” the bill would allow seniors to deduct $6,000 of their Social Security income, with that amount decreasing once income passes $75,000 for single filers or $150,000 for joint filers.

(I hoped it was that we could deduct $6K from taxable income, or total tax owed...)


121 posted on 07/01/2025 11:24:24 AM PDT by bitt (<IMG SRC=' 'WIDTH=30%>)
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To: bitt

zactly ...a tax credit rather than a deduction...


375 posted on 07/03/2025 10:05:13 AM PDT by stylin19a ("Death Smiles At Everyone - Marines Smile Back" - 250 years of smiling - 11/10/2025)
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