Seniors Tax Exemptions under Big Beautiful Bill (BRAVE Search Results)
Under the One Big Beautiful Bill, 51.4 million seniors—88 percent of all seniors receiving Social Security income—will pay no tax on their Social Security benefits.
The bill provides a $6,000 "bonus" deduction for taxpayers aged 65 and older, which significantly reduces their taxable income and tax burden.
This deduction is available to individuals with incomes up to $75,000 ($150,000 for married couples filing jointly), phasing out completely at $175,000 ($250,000 for couples).
While not a full tax exemption, this provision, combined with permanent lower tax rates and an increased standard deduction, effectively shields many low- and middle-income seniors from federal income taxes.
David Snedeker David, I was just having this conversation with my sister and your explanation is perfect. Thanks!
David Snedeker The reason we aren't concerned about the seeming inaction of FBI and DOJ over the Epstein files is because we are Q. Epstein is Israel. We are saving Israel for last. Q. Also, important to look at the child trafficking and child abuse that is currently happening, maybe even taking over for the now defunct NXIUM, Diddy, Maxwell and Epstein child abuse programs.
Tonight on the show Dave was talking about owning a gun . I just bought a new lawnmower.
David Snedeker Does it bag as well?