Proposed Provision: Increase the threshold for taxation of OASDI benefits to $50,000 for single filers and $100,000 for joint filers starting in 2017. 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
2015308308
2016298298
2017280280
2018264262
2019248245
2020233228
2021219212
2022204196
2023189179
2024173162
2025157145
2026142128
2027126111
202811094
20299476
20307758
20316040
20324220
2033230
20344-21
2035-16-42
2036-36-63
2037-57-85
2038-78-108
2039-100-131
2040-122-154
2041-144-177
2042-166-201
2043-189-224
2044-211-248
2045-234-272
2046-257-296
2047-280-320
2048-303-345
2049-327-370
2050-351-394
2051-375-419
2052-398-444
2053-423-469
2054-447-494
2055-472-520
2056-496-546
2057-522-572
2058-548-599
2059-574-626
2060-601-654
2061-629-682
2062-657-711
2063-685-740
2064-714-770
2065-744-800
2066-774-831
2067-804-862
2068-835-894
2069-867-926
2070-899-959
2071-932-993
2072-965-1027
2073-1000-1063
2074-1035-1099
2075-1072-1136
2076-1110-1175
2077-1148-1215
2078-1188-1255
2079-1228-1296
2080-1268-1338
2081-1309-1379
2082-1350-1421
2083-1391-1463
2084-1432-1504
2085-1472-1546
2086-1514-1588
2087-1555-1631
2088-1597-1674
2089-1640-1717
2090-1683-1761
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