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Social security tax reduction 2025
Hi,
In 2024, our married AGI was $159,395 and our taxable income was $127, 095. Our total tax was $18,067.
Our combined social security income was $71, 618 and we withheld $6,785.
Assuming all 2025 income stays the same, how will the big, beautiful bill reduce our total tax bill this year? Is there any kind of table that helps show the math?
Any estimate is appreciated!
Thx, Mike
Wednesday