Rhode Island S2365 modifies the state's personal income tax law to adjust the federal adjusted gross income threshold for taxable Social Security.

Rhode Island S2365 amends the state's personal income tax law to modify the federal adjusted gross income threshold for taxable Social Security income. The bill specifies that for tax years beginning on or after January 1, 2016, through December 31, 2025, individuals who have attained the age for full or unreduced Social Security retirement benefits and file as unmarried individuals, heads of household, or married filing separately with a federal adjusted gross income below $80,000 can include Social Security benefits in their taxable income.

Rhode Island S2365 modifies the state's personal income tax law to adjust the federal adjusted gross income threshold for taxable Social Security.

Rhode Island S2365 amends the state's personal income tax law to modify the federal adjusted gross income threshold for taxable Social Security income. The bill specifies that for tax years beginning on or after January 1, 2016, through December 31, 2025, individuals who have attained the age for full or unreduced Social Security retirement benefits and file as unmarried individuals, heads of household, or married filing separately with a federal adjusted gross income below $80,000 can include Social Security benefits in their taxable income.