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Strategies & Market Trends : Young and Older Folk Portfolio

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To: Steve Mac who wrote (22132)11/12/2025 1:07:46 PM
From: Markbn  Read Replies (1) of 23915
 
RE: Here's what I found on H&R Block: hrblock.com

Good stuff.

I wonder if it will be an actual $0.06 per dollar, or if the phase-out range will be broken into $1,000 ranges, or so. Meaning if a taxpayer, using your scenario, is anywhere from $0.01 to $1,000.00 over the $75,000 MAGI, the deduction will be $60.00, and if over by $1,000.01 - $2,000.00, the deduction will be lowered by $120.00,, et al.
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