Talk of The Villages Florida - View Single Post - Latest tax changes in the BBB
Thread: Latest tax changes in the BBB
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Old 07-01-2025, 08:31 PM
CoachKandSportsguy CoachKandSportsguy is offline
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Originally Posted by Pballer View Post
How is this better? If I get $40,000 in SS benefits and it is not taxed, it is like getting a $40,000 deduction. Instead Congress is giving me a $4000 or $6000 deduction, and only if I don't have too much income, whoop de doo. I'm sure there are seniors who voted the way they did because of this promise; instead it turned out to be a bait and switch.
So you didn’t get everything you wanted, but you got 4,000 more in deductions and you are better off than last year, correct? It’s out of our control, so I give thanks for the increase deduction even though i haven’t started collecting, though past FRA.