Quote:
Originally Posted by Formulabruce
Below the 75k means you get it. My income is low too, I was told to expect it, and expect to pay taxes on it
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You only have to pay taxes on it if in 2020 you go above the threshold of 75,000 for single filers and 150,000 for joint. It goes at a reduced rate of 99,000 for single and 175,000 for joint.