Quote:
Originally Posted by Pat2015
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.
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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.