Origin: Taxes paid by employees to fund the Social Security and Railroad Retirement systems are deductible against "earned" income up to a maximum of $2,000 per individual.

Comment: The estimate also covers item 1.402 below.

Origin: M.G.L. c. 62, § 3B(a)(3)

Item Number
FY2021
FY2022
FY2023
FY2024
FY2025
1.401
311.0
319.4
323.2
327.0
330.8
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