Family Tax Deduction Improvement Act
This bill amends the Internal Revenue Code to modify the limit on individual deductions for certain state and local taxes, which is currently $10,000 per year ($5,000 for a married taxpayer filing a separate return). The bill doubles the limit for married individuals and requires the limit to be adjusted for inflation after 2019.
Action Date | Type | Text | Source |
---|---|---|---|
2018-05-22 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
2018-05-22 | IntroReferral | Introduced in House | Library of Congress |