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To: 11th_VA

I should have said 22K SS - then not taxable


12 posted on 07/04/2025 5:30:43 AM PDT by 11th_VA
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To: 11th_VA
OK my bad. Amount of the Deduction: In the Senate version of the bill, the deduction is $6,000 for individuals aged 64 and older, and $12,000 for couples.

So if you (joint) have 30K income, and up to 24K SS, you should pay no taxes

17 posted on 07/04/2025 5:34:37 AM PDT by 11th_VA
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To: 11th_VA
"I should have said 22K SS - then not taxable"

I made $31,600 on social security last year. My pension is about the same. I have no other income. Does that mean that $22,000 of the 31,600 is not taxable?

26 posted on 07/04/2025 6:01:05 AM PDT by mass55th (“Courage is being scared to death, but saddling up anyway.” ― John Wayne)
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