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Dernière version du 22 août 2026 à 20:47


Despite the tax rate reductions belonging to the Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal income tax bracket for many retirees is really a whopping forty six.3%. Why? Because Social Security benefits are subject to income income tax. Those affected are Social Security recipients who include the good fortune (misfortune?) always be subject to both the 25% taxes bracket and also the 85% inclusion rate for Social Security benefits.

Julie's total exclusion is $94,079. In her American expat tax return she also gets declare a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. cask.

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