Tax Changes for 2027 Every American Should Know

Описание: Social Security just announced its biggest raise in five years, and the IRS is about to publish the new tax numbers for 2027. On top of that, last year's One Big Beautiful Bill Act is now fully in play: no tax on tips, no tax on overtime, a new $6,000 senior deduction, a $40,000 SALT cap, car loan interest deductions, and new Trump accounts for kids.

In this video I walk through every major 2027 tax change for a normal American household. I mark what's OFFICIAL and what's still a PROJECTION, show who benefits with real examples, and finish with a 6-step checklist to do before the year starts.

CHAPTERS
0:00 What's changing in 2027
1:25 Tax brackets & standard deduction
3:40 401(k), catch-ups & HSA limits
5:25 Social Security: 3.6% COLA, wage base, earnings test
7:04 One Big Beautiful Bill: tips, overtime, seniors, car loans, SALT
9:37 Families & kids: child tax credit, Trump accounts, 529, charity, estate tax
11:20 Side hustles & freelancers: new 1099 rules
12:25 Real examples: how much people actually save
14:08 6 mistakes people will make
15:32 What did NOT change
16:54 The timeline: 2026 to 2030
18:04 Your 2027 checklist + final take

KEY NUMBERS
Social Security COLA 2027: +3.6% (official)
SS wage base 2027: $192,300; earnings test $25,560 / $67,920 (official)
HSA 2027: $4,500 self-only / $9,000 family (official, IRS Rev. Proc. 2026-24)
Standard deduction 2026: $16,100 single / $32,200 joint; 2027 projected ~$16,600 / ~$33,200 (Bloomberg Tax)
401(k) 2027 projected: ~$25,500; catch-up ~$8,500; age 60-63 ~$11,750 (Milliman, Marsh)
OBBBA (2025-2028): tips up to $25,000; overtime up to $12,500 ($25,000 joint); senior +$6,000; car loan interest up to $10,000
SALT cap: $40,000 (+1%/yr, ~$40,804 in 2027), back to $10,000 in 2030
Child tax credit $2,200 (indexed); Trump accounts $1,000 seed for births 2025-2028
1099-NEC threshold $2,000 from 2026; 1099-K $20,000 + 200 transactions
Projected numbers can change. Check the official IRS release before filing.

SOURCES
Social Security Administration, 2027 COLA announcement (Oct 2026): https://www.ssa.gov/cola/
IRS inflation adjustments & newsroom: https://www.irs.gov/newsroom
IRS Rev. Proc. 2026-24 (HSA limits)
One Big Beautiful Bill Act (P.L. 119-21): https://www.congress.gov/bill/119th-congre...
Bloomberg Tax 2027 projections; Milliman & Marsh 401(k) forecasts
IRS Publication 915 (taxation of Social Security benefits)

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DISCLAIMER: This video is for educational purposes only and is not tax, financial, or legal advice. I'm not a CPA or licensed tax professional. Tax rules and projections can change. Talk to a qualified professional about your situation.

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