Talk of The Villages Florida - View Single Post - Tax-free IRA distributions and RMD’s?
Thread: Tax-free IRA distributions and RMD’s?
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Old 07-09-2025, 08:52 AM
CoachKandSportsguy CoachKandSportsguy is online now
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Quote:
Originally Posted by Romad View Post
The reason the deduction is temporary is because of Congressional Budget Office scoring. It will be made permanent before they expire.

The deduction is based on Modified Adjusted Gross Income (MAGI), not Adjusted Gross Income. The phaseout for a married couple begins at $150,000 and is fully phased out at $250,000. The phase out is not adjusted for inflation.
so its tax free until it isn't,
both in time and income level

where have i read that before?
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