Taxes

Managing your TSP and alternate investment options after retirement or separation from service.

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evilanne
Posts: 2139
Joined: Thu May 14, 2015 6:52 pm

Taxes

Post by evilanne »

Interesting Articles: What's inside the new tax act?​
https://www.fidelity.com/learning-cente ... tiful-bill
What I found interesting:
+SALT tax deduction change increased to $40K (2025-2029) https://www.cpapracticeadvisor.com/2025 ... es/167509/
Charitable Donations in 2026 see also https://www.fidelitycharitable.org/arti ... eform.html
+With Standard deduction you can deduct up to $1000/2000 charitable contribution per year without itemizing
-If you itemize, charitable contributions are reduced by .5% of AGI

2025-2028 Temporary 4 year only
No taxes on tips (up to $25,000) & overtime (Up to $12,500) (Both phase out at $150K, reduced by $100/$1000 over)
Senior Tax Breaks ($6000 phase out between $75K and $175K for single, reduced by 6% for every dollar over $75K)
Deductible Car Loan Interest up to $10K (USA final assembly only; phase out $100K to $200K for single)

Plus more

Clean Energy Credits Under OBBBA
https://www.stephanoslack.com/2025/09/0 ... der-obbba/
From IRA to OBBBA: A New Era for Clean Energy Tax Credits
https://www.arnoldporter.com/en/perspec ... ax-credits
Dates move up in many areas and Energy Efficient Home Improvement Credit ends this year. :(

One Big Beautiful Bill Act Makes the Individual Income Tax More Complex
https://taxfoundation.org/research/all/ ... ax-breaks/
Got some of the details from here, AI works well but yes, OBBBA makes quite a few things more complicated.

TSP0nlinee
Posts: 10
Joined: Mon Jun 29, 2015 3:28 pm

Re: Taxes

Post by TSP0nlinee »

Thanks for taking the time to provide a synopsis/share links. I've learned so much from you over the last few years. Appreciate your contributions. K

Bubba
Posts: 672
Joined: Thu Mar 05, 2020 3:40 am

Re: Taxes

Post by Bubba »

TSP0nlinee wrote: Mon Sep 15, 2025 11:45 am Thanks for taking the time to provide a synopsis/share links. I've learned so much from you over the last few years. Appreciate your contributions. K
Thanks!

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Fund Prices2026-07-10

FundPriceDayYTD
G $20.04 0.01% 2.30%
F $20.92 -0.09% 0.17%
C $121.95 0.43% 11.35%
S $116.53 -0.57% 16.05%
I $64.28 0.42% 15.83%
L2075 $12.59 0.29% 13.48%
L2070 $14.41 0.29% 13.48%
L2065 $24.31 0.29% 13.48%
L2060 $24.32 0.29% 13.48%
L2055 $24.32 0.29% 13.48%
L2050 $46.28 0.24% 11.38%
L2045 $20.78 0.22% 10.81%
L2040 $74.73 0.21% 10.25%
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Linc $30.80 0.09% 5.32%

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