Attention Senior Gays - No Tax on Social Security

It's not that simple, OP.

[quote]Except the bill doesn’t eliminate Social Security taxes at all.

[quote]Instead, the bill creates a new, additional tax deduction specifically for seniors 65 and over that is designed to provide the most relief for people on limited income.

[quote]The White House acknowledged that even by its own analysis, the deduction would not eliminate Social Security taxes for all recipients,

OP...R1 is correct.

Trump's promise of no tax on Social Security was just another Trump lie and Congressional bullshit.

Also, no tax on Social Security will rapidly increase it's demise.

✅ Eligibility for the $4,000 Senior Deduction To qualify, you must:

Be age 65 or older by the end of the tax year.

Have an adjusted gross income (AGI) below certain thresholds:

Single filers: Full $4,000 deduction if AGI is $75,000 or less.

Married couples filing jointly: Full $4,000 per spouse (up to $8,000 total) if AGI is $150,000 or less.

UGH - I will be over the $75,000 (thankfully) so not applicable to me....

OP is a lying fucktard MAGAt spreading disinformation, F&F

"NO TAX" should be nothing deducted from monthly payment, not this complicated con job.

I read it amounts to about $500 in tax relief max. Ten bucks a week is ten bucks a week, but shit, that’s a long way from “No Taxes on Social Security”

What about overtime?

^ no tax on overtime through (or maybe to) 2028

No tax on SS because they're doing away with SS!

In 41 states, there's no tax on monthly Social Security.

Do you have to be Gay to get the Senior deduction?