Tax Relief Unleashed for Seniors by Trump Act
Sponsored By: Representative Malliotakis
Introduced
Summary
Raises the income thresholds used to determine how much Social Security benefits are taxed. This bill would increase four specific dollar cutoffs in the tax code, for example moving a $25,000 cutoff to $50,000 and raising other cutoffs to $64,000, $59,000, and $76,000. It also adds an annual inflation adjustment for those amounts beginning with taxable years after December 31, 2026. The threshold increases apply to taxable years beginning after December 31, 2025.
Your PRIA Score
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Lower taxes on Social Security benefits
If enacted, many Social Security recipients could pay tax on less of their benefits. The bill would raise the four income thresholds used to tax benefits to $50,000, $64,000, $59,000, and $76,000. The changes would apply to tax years starting after December 31, 2025. For tax years beginning after December 31, 2026, those amounts would increase each year with inflation using 2025 as the base, with increases rounded to the nearest $100. Your savings would depend on your combined income and your benefit amount.
Sponsors & CoSponsors
Sponsor
Malliotakis
NY • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.govTake It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in