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No. of Recommendations: 3
I've already decided to reduce the size of my Roth Conversion for this year. The clawback effectively gives you an additional 28% tax on the income tranche from $75,000 to $80,000/yr for singles. Thanks, Joe Manchin.

https://www.irs.gov/coronavirus/third-economic-impact-paymen...

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No. of Recommendations: 9
The clawback effectively gives you an additional 28% tax on the income tranche from $75,000 to $80,000/yr for singles. Thanks, Joe Manchin.

They have to get the money from somewhere to subsidize Affordable Care health insurance for those with low taxable incomes.
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