Talk of The Villages Florida - View Single Post - Tax-free IRA distributions and RMD’s?
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Old 07-09-2025, 07:25 AM
Pat2015 Pat2015 is offline
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Quote:
Originally Posted by ton80 View Post
I used "messed up" since you asked where you messed up. My reply was aimed at explaining where I believe your error was.

Your analysis is based on getting no tax on the 60K SS payments if the AGI were less than 150K for a couple. That is incorrect. The maximum tax relief is the extra 12K deduction if the couple's AGI is less than 150K. The rest, 48K, is part of your AGI and is taxed.

Get it while you can lasts until 2028, correct.
Whoever tries to cut that on Seniors in 2028 is looking at political suicide. I think it’s safe to say that’s not going anywhere.

Last edited by Pat2015; 07-09-2025 at 07:26 AM. Reason: Spelling