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Level 1
posted Aug 6, 2025 9:10:35 AM

Over 65 Provision

Do spouse's (W-2) earnings and my pension earnings change taxable my SS taxable with new law for federal tax? Does $6000 credit also have to take in consideration these earnings (along with my SS earnings) for phase out of credit? 

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1 Replies
Employee Tax Expert
Aug 6, 2025 9:27:55 AM

Yes your spouse's W-2 earnings and your pension earnings are considered when calculating the Modified Adjusted Gross Income (MAGI).  The MAGI is used to determine the phase out range.

 

One Big Beautiful Bill Act: Tax deductions for working Americans and seniors

 

What Is Modified Adjusted Gross Income (MAGI) and How Is It Calculated? 

 

Update:  To clarify, yes the $6,000 deduction does include earnings and the taxable portion of social security in calculating the MAGI to determine the phase out range.