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Aldeer.com Forums Alabama Deer Talk Aldeer General Forum The Trump $6K SS tax deduction

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Re: The Trump $6K SS tax credit Wiley Coyote #4405222 01/15/26 10:55 AM
Joined: Dec 2013 Posts: 28,527 Likes: 582 Fort Payne & Fort Morgan Irishguy a.k.a. Dingle Johnson
Irishguy a.k.a. Dingle Johnson Joined: Dec 2013 Posts: 28,527 Likes: 582 Fort Payne & Fort Morgan	Originally Posted by jhardy Deduction, not credit. Big difference. Still for us, with the standard deduction in 2026 of $32,200 + the $6000 from Trump that's $38,200 when I file our taxes next year that we will pay zero income tax on. I'll sure as hell take it! 2026 is the year we will take some money out of our 401k plans and we will both be getting Social Security in 2026. Mrs. Irish already gets hers and I will be taking mine starting in September. So 2026 should be our highest taxable income year since we retired. The more deductions the better for us. Plus we will get an extra $6000 when she turns 65 in 2028. Last edited by Irishguy; 01/15/26 10:58 AM. "When I say ever thing I mean ever thing." - Frankie

Re: The Trump $6K SS tax credit Wiley Coyote #4405271 01/15/26 12:36 PM
Joined: Mar 2018 Posts: 4,938 Likes: 122 kyles K kyles 12 point
kyles 12 point K Joined: Mar 2018 Posts: 4,938 Likes: 122 kyles	It will help me a lot. When you take money out of 401k it makes the likelihood of having to pay more on SS. I forget what the percentage numbers are

Re: The Trump $6K SS tax credit Wiley Coyote #4405497 01/15/26 08:57 PM
Joined: Apr 2015 Posts: 337 Likes: 7 N Alabama Z zwick 4 point
zwick 4 point Z Joined: Apr 2015 Posts: 337 Likes: 7 N Alabama	No tax on SS is a big promise not kept. Lying to seniors like my Dad is a bad look.

Re: The Trump $6K SS tax credit Wiley Coyote #4405506 01/15/26 09:09 PM
Joined: Feb 2002 Posts: 46,162 Likes: 251 North Alabama W Wiley Coyote Freak of Nature
Wiley Coyote Freak of Nature W Joined: Feb 2002 Posts: 46,162 Likes: 251 North Alabama	If I understood and remember correctly, in order to eliminate income tax on SS Congress would have to basically rewrite the entire Act and they're all scared of what the end product might be. I believe that's the cliff notes version. Sorta like we want the NFA of 1934 abolished but the end product might be worse than the current NFA. Get the F out of the BATFE. The F is guaranteed by the US Constitution. Those other letters are not. https://www.youtube.com/channel/UCP92wiGadrA0VOm72gbOllQ NRA Life Member

Re: The Trump $6K SS tax credit Wiley Coyote #4405526 01/15/26 09:58 PM
Joined: Jan 2014 Posts: 1,222 North of Lake Martin area Frogeye 8 point
Frogeye 8 point Joined: Jan 2014 Posts: 1,222 North of Lake Martin area	Im pretty sure it applies 2025 through 2028.

Re: The Trump $6K SS tax credit Wiley Coyote #4405528 01/15/26 09:59 PM
Joined: Jan 2014 Posts: 1,222 North of Lake Martin area Frogeye 8 point
Frogeye 8 point Joined: Jan 2014 Posts: 1,222 North of Lake Martin area	https://www.irs.gov/newsroom/one-bi...ctions-for-working-americans-and-seniors

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