dlz887
Returning Member

Senior Deduction

It appears that single filers and joint filers each have a $100,000 phase-out range. At a 6% rate, this range phases out $6,000 for singles. But that same range also phases out $12,000 for joint filers. I thought the phase-out rate was 6% [this comes out to be 12% for MFJ]. Thanks.