Quote:
Originally Posted by Plinker
Thank you. Yes, you are correct. This is why I posted the thread. It seemed to be to good to be true. However, would it not allow a distribution up to the new standard deduction?
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Your example of SS = 60K is already more than the increased Standard Deduction. There is no tax free money to be gained. There can be some minor reduced tax rates at the income level breaks but nothing substantial.