Bill > SB00121

This bill proposes to modify Connecticut's personal income tax law by increasing the qualifying income thresholds for the full Social Security benefits tax deduction. Specifically, the bill raises the income limits for taxpayers to receive the complete deduction: for unmarried individuals and those married and filing separately, the new threshold will be less than $100,000 in annual income, and for heads of households and married couples filing jointly, the new threshold will be less than $150,000 in annual income. By expanding these income thresholds, the bill aims to provide more taxpayers with a full deduction for their Social Security benefits, potentially reducing the tax burden for a broader range of retirees and Social Security recipients in the state. This change would make the Social Security benefits deduction more accessible to middle-income earners who previously might have been partially or fully excluded from the full tax benefit.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00121&which_year=2025