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S 1754 111th Congress Senate Taxation Business investment and capital Housing finance and home ownership Income tax deductions Inflation and prices

Home Office Deduction Simplification Act of 2009

Introduced: October 6, 2009 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 6, 2009
Read twice and referred to the Committee on Finance.
Oct 6, 2009
Introduced in Senate
 Plain-English summary Congressional Research Service

Home Office Deduction Simplification Act of 2009 - Amends the Internal Revenue Code allow a taxpayer who uses a residence to conduct a trade or business a standard tax deduction equal to the lesser of $1,500 or the taxpayer's gross trade or business income derived from the business use of such residence. Allows an annual inflation adjustment to the standard deduction amount after 2009.

What's happening now October 6, 2009

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1