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When I retired in 2020, I was still paying taxes on earned income, plus Social Security and Medicare taxes

You will certainly pay FICA on income earned in 2020, but once retired, you should discontinue FICA tax unless you received deferred comp distributions under Sec. 409(A) contributions made in the past by your employer, as those have not yet been subject to FICA tax. But earned inccome in 2020 could certainly keep you in the 22% bracket for that year.

If you and spouse have no earned income in 2021 and you aren't yet 65, with no SS or pension, you should qualify for a fully ACA subsidy....correct?

A small accuracy point. SS income isn't taxed at 50%, its a question of what percent (or how much in dollars) of the household Social Security must be included as ordinary income, which depending on your modified AGI, will be between 0% and 85%. Whether any or all of that is subject to tax depends on what the rest of your tax return looks like. I suspect this is what you meant. But with no other source of income than Roth conversions or perhaps TIRA withdrawals, as long as 1/2 of household (your and spouse) social security + other household income (including any muni bond interest) is under $32,000, none of your SS will have to included as income. If less thann $44,000, between 0% and 50% must be included as income.

Yes, your observation of the reversion to pre-TCJA brackets in 2026 is right. However, Congress has a history of going somewhere else for revenue rather than raising existing rates, as 'raising' tax rates usually doesn't go over very well politically. But we'll have to wait and see.

BruceM
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