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S 2161 97th Congress Senate Taxation Income tax Individual retirement accounts Married people Tax deductions

A bill to permit a married individual filing a joint return to deduct certain payments made to an individual retirement plan established for the benefit of a working spouse.

Introduced: March 2, 1982 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 5, 1982
Committee on Finance requested executive comment from OMB; Treasury Department.
Mar 2, 1982
Read twice and referred to the Committee on Finance.
Mar 2, 1982
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to permit a married taxpayer filing a joint return to deduct from gross income certain amounts paid to an individual retirement account established for the benefit of a working spouse.

Increases from $1,125 to $2,000 the allowable deduction for contributions to an individual retirement account for certain divorced taxpayers.

What's happening now March 5, 1982

Committee on Finance requested executive comment from OMB; Treasury Department.

 Committees of jurisdiction 1