To amend the Internal Revenue Code of 1986 to increase the limitation on the State and local tax deduction for married individuals, and for other purposes.
USA115th CongressHR-5913| House
| Updated: 5/22/2018
Thomas MacArthur
Republican Representative
New Jersey
Cosponsors (5)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Income tax deductionsInflation and pricesProperty taxSales and excise taxesState and local taxation
To amend the Internal Revenue Code of 1986 to increase the limitation on the State and local tax deduction for married individuals, and for other purposes.
USA115th CongressHR-5913| House
| Updated: 5/22/2018
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Thomas MacArthur
Republican Representative
New Jersey
Cosponsors (5)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Income tax deductionsInflation and pricesProperty taxSales and excise taxesState and local taxation