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Subject:  Re: Taxes, How long to wait? Date:  5/27/2020  8:39 PM
Author:  irasmilo Number:  98509 of 100110

I will admit I learned something today. You are correct that the tax attributable to Social Security payments is earmarked for the OASDI and Medicare trusts. I'm not at all sure how the IRS handles the mechanics of this. Do IRS computers recalculate the tax liability with and without the Social Security benefits, realizing that changes to AGI affect many moving parts of the entire tax picture?

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