Proposed Provision: Increase the threshold for taxation of OASDI benefits to $50,000 for single filers and $100,000 for joint filers starting in 2018. Taxation of benefits revenues transferred to the Hospital Insurance (HI) Trust Fund would be the same as if the current-law computation applied.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2016303303
2017293293
2018277277
2019262260
2020246243
2021231226
2022216209
2023200191
2024183173
2025165154
2026149136
2027132118
2028115100
20299881
20308163
20316444
20324625
2033275
20348-15
2035-11-36
2036-30-57
2037-50-78
2038-71-100
2039-91-122
2040-112-144
2041-133-166
2042-154-189
2043-176-211
2044-197-234
2045-218-256
2046-240-279
2047-262-301
2048-283-324
2049-305-347
2050-327-370
2051-349-393
2052-371-416
2053-393-439
2054-415-461
2055-437-485
2056-460-508
2057-482-531
2058-506-555
2059-529-579
2060-553-604
2061-578-629
2062-603-655
2063-628-681
2064-654-707
2065-680-734
2066-706-761
2067-733-789
2068-760-817
2069-788-845
2070-816-874
2071-845-903
2072-874-933
2073-905-964
2074-935-995
2075-967-1028
2076-1000-1061
2077-1033-1096
2078-1068-1131
2079-1102-1166
2080-1138-1202
2081-1173-1238
2082-1208-1274
2083-1243-1310
2084-1279-1346
2085-1314-1382
2086-1349-1418
2087-1384-1454
2088-1419-1490
2089-1455-1526
2090-1491-1563
2091-1528-1600
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