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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

It is a little more complicated.

Your example shows zero income. Actually, you are allowed some income before SS becomes taxable.

https://www.ssa.gov/faqs/en/questions/KA-02471.html


85 posted on 07/04/2025 8:23:45 PM PDT by TexasGator (i.. logo About Issues Projects Products Connect Subscribe Invest June 19, 2025 | Insight '1-1111 -)
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