Important Changes to Social Security and Pension Tax Deductions

Posted on January 14, 2019 by admin


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Last session, I joined my legislative colleagues to pass two provisions (included within the bi-annual budget) regarding Social Security Income Deductions and Retirement Income Deductions designed to provide seniors with much-needed tax relief. The first eliminated the income tax on Social Security and the second will phase out the income tax on pensions over the next few years.

**Social Security Income Tax Deduction

Effective for tax years beginning after 2019, individual taxpayers may deduct 100 percent of Social Security income, if federal adjusted gross income (AGI) is less than:

  •  $75,000 for single filers and married taxpayers filing separately;
  •  or $100,000 joint filers and heads of household

Taxpayers with incomes equal to or greater than the thresholds qualify for a 75 percent deduction. The income thresholds are increased from $50,000 and $60,000, respectively.

**Retirement Income Tax Deductions

Effective beginning with the 2019 tax year, individual taxpayers may deduct a portion of retirement income that is included in federal gross income, if federal AGI is below:

  • $75,000 for single filers, married taxpayers filing separately, and heads of households;
  • or $100,000 for married taxpayers filing jointly

To read more about these changes, you can read the Research Report provided by the non-partisan Office of Legislative Research – https://www.cga.ct.gov/2018/rpt/pdf/2018-R-0005.pdf

It is recommended that you consult a certified tax preparer regarding any deduction.

Helping Veterans Through Generous Community Donations

Posted on December 26, 2018 by admin


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State Representative Stephanie Cummings (R-74) and her community partners collected hundreds of clothing and personal care items for veterans during the holiday season by sponsoring Veterans Holiday Giving Trees.

The holiday trees and their “ornaments” were available between Monday, December 3 and Thursday, December 20, to help provide assistance to Connecticut Veterans in need this holiday season. The Trees were decorated with paper ornaments that were handmade by Waterbury students, and on the back of each ornament were items  veterans needed most.  Contributors removed the tags from the tree, purchased the designated gift described on the back and returned the unwrapped item(s) to a designated tree location. Once collected, the items were distributed to Connecticut Veterans in need.

Rep. Cummings, Waterbury Police Sgt. Ryan Bessette and Waterbury Police Officer Querino Maia brought several large boxes and bags filled with clothing and other items to the Connecticut Veterans Home in Rocky Hill just before Christmas.  Volunteer Judy Barnes said everything would be delivered to needy veterans over the holiday, continuing a tradition of giving back to the brave men and women who served the country.

The trees were located at several businesses throughout Greater Waterbury, including:

  • Waterbury PAL – 64 Division Street, Waterbury
  • DOLCE, LLC – 2457 East Main Street, Waterbury
  • Waterbury Senior Center- 1985 E. Main St. Waterbury
  • Moore, O’Brien & Foti – 891 Straits Turnpike Middlebury
  • Fidelity National Title Insurance Company – 111 Founders Plaza, Suite 1403 , East Hartford
  • Carmody Torrance Sandak & Hennessey LLP – 50 Leavenworth Street, Waterbury

A huge stocking filled with clothing was donated by a local attorney

Waterbury Police Sgt. Ryan Bessette, Waterbuy Police Officer Querino Maia, Rep. Cummings, Volunteers Judy Barnes and her husband Alex Oliphant posed with some of the bags of donated goods.

Rep. Cummings Hosts Successful Senior Center Coffee and Conversation

Posted on December 21, 2018 by admin


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Rep. Stephanie Cummings recently gave an overview of the upcoming legislative session, potential bills that will come up for votes and her legislative priorities during “Coffee and Conversation” at the Waterbury Senior Center.

More than two dozen seniors gathered to listen and talk with their Representative, before enjoying homemade cookies and hot chocolate with whipped cream.  Most of the time was spent with a dialogue and direct question and answer session that touched on several major themes facing the state, including taxes, tax increases, the budget deficit, highway tolls and legalized recreational marijuana. During the hour-and-a-half exchange, Rep. Cummings answered questions regarding possible expansion of the Family Medical Leave Act (FMLA), transportation funding and increased and mandatory park fees.

Rep. Cummings also laid out some of her legislative priorities for the coming session and is preparing legislation that would eliminate lifetime health benefits and pensions for legislators to reduce the burden on taxpayers who must pay those pension costs. She also plans to introduce bills to hold automobile registration scofflaws accountable, getting insurance companies to provide coverage for mammograms for women under the age of 40 with a history or high risk of breast cancer, streamlining business records and finances by allowing for “serial LLCs” and working to designate Waterbury a Gold Star Heroes’ City, among other ideas.