Talk of The Villages Florida - View Single Post - Tax-free IRA distributions and RMD’s?
View Single Post
 
Old 07-09-2025, 08:01 AM
ton80 ton80 is offline
Senior Member
Join Date: Oct 2012
Posts: 162
Thanks: 15
Thanked 144 Times in 71 Posts
Default Law is Already in Effect. No change required in 2028

Quote:
Originally Posted by Pat2015 View Post
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.
I am not sure what you are referring to.

The current law ( BBB Tax Law) now is: The maximum tax relief is the extra 12K deduction if the couple's AGI is less than 150K.

The rest, 48K in the OP's example, is part of his AGI and will be taxed. There is no change required in 2028.