https://ttlc.intuit.com/community/taxes/discussion/bbb/01/3696275#M1369764 <P>Will social security payments in 2025 be impacted by the BBB?</P> Wed, 06 Aug 2025 16:10:05 GMT Danhn 2025-08-06T16:10:05Z https://ttlc.intuit.com/community/taxes/discussion/bbb/01/3696275#M1369764 <P>Will social security payments in 2025 be impacted by the BBB?</P> Wed, 06 Aug 2025 16:10:05 GMT https://ttlc.intuit.com/community/taxes/discussion/bbb/01/3696275#M1369764 Danhn 2025-08-06T16:10:05Z https://ttlc.intuit.com/community/taxes/discussion/re-bbb/01/3696317#M1369765 <P>Social Security will not be impacted by the BBB and will have the cost of living adjustment for 2025 which is an increase.&nbsp; &nbsp;The BBB will have an&nbsp;<STRONG>additional senior deduction (2025 through 2028)</STRONG><SPAN>&nbsp;</SPAN>- additional $6,000 deduction for taxpayers 65 and older with phaseout for MAGI over $75,000 (over $150,000 for Married Filing Jointly filers).</P> <P>&nbsp;</P> <H1 class="m-0 mb-20 font-bold headline04 text-size-inherit font-text-weight-inherit" data-com-id="Text" data-sb-field-path=".text"><FONT size="4">Here is the link for further details:&nbsp;&nbsp;<A href="https://turbotax.intuit.com/tax-tips/general/taxes-2021-7-upcoming-tax-law-changes/L3xFucBvV" target="_self">One Big Beautiful Bill Tax Law Changes</A>&nbsp;</FONT></H1> Wed, 06 Aug 2025 18:08:31 GMT https://ttlc.intuit.com/community/taxes/discussion/re-bbb/01/3696317#M1369765 evelynm 2025-08-06T18:08:31Z