HR 9465
118th Congress
House
Taxation
Seniors in the Workforce Tax Relief Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 6, 2024
Referred to the House Committee on Ways and Means.
Sep 6, 2024
Introduced in House
Plain-English summary
Seniors in the Workforce Tax Relief Act
This bill allows an above-the-line tax deduction through 2028 for individual taxpayers who have attained age 65 at the end of the taxable year. The deduction is equal to $25,000 reduced by a percentage of the taxpayer's adjusted gross income.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1