Talk:Social Security tax impact calculator

From Bogleheads
Jump to: navigation, search

I will continue to follow this discussion and also the original thread that started this page. Comments on the original thread have led to a number of improvements to the spreadsheet.

--PapaGeek 23:31, 23 September 2015‎

The thread can be found here: Spreadsheet to show how the taxable of SS benefits will affect you
I added the date stamp to the above post (gotten from the View history tab for this Talk: page).
By convention, we follow Wikipedia's practice to add a personal signature in discussion pages (Talk: namespace). The wikitext for your signature is the 3rd icon from the left in the toolbar. The entry will appear as --~~~~ until you hit "Save page" or "Show preview".
We're using the advanced toolbar as described in: Help:Edit toolbar. Feel free to use the Bogleheads:Sandbox for practice.

--LadyGeek 19:21, 24 September 2015 (UTC)

Reader feedback: Thanks for the charts. There...

24.107.131.46 posted this comment on 26 September 2015 (view all feedback).

Thanks for the charts. There are also two other things for near-retirees and retirees in this income range to consider: The benefit of the zero (!) federal capital gains tax for those in the 15 percent bracket, and, if you are covered under an Obamacare insurance plan, and getting a subsidy, the sudden high cost of exceeding about $63,500 in taxable income for a married couple filing jointly: you then lose all the subsidy, and have to pay it back on your tax return. The Obamacare breakpoint amount depends on the poverty level in your state. With the zero capital gains tax rate, zero, you get-tax free capital gains, up to the top of the 15 percent bracket. This does affect your Soc Sec taxes, though, and states may not give you the zero rate. So the whole taxes topic is even more complicated. Thanks again.

The above comment was posted in the discussion thread for follow-up: Re: Spreadsheet to show how taxable SS benefits will affect you

LadyGeek 18:52, 26 September 2015 (UTC)