Legis Daily

Taxpayer Penalty Protection Act of 2021

USA117th CongressHR-5155| House 
| Updated: 9/3/2021
Judy Chu

Judy Chu

Democratic Representative

California

Cosponsors (10)
Darren Soto (Democratic)Jefferson Van Drew (Republican)Dina Titus (Democratic)Kathy E. Manning (Democratic)Madeleine Dean (Democratic)Thomas R. Suozzi (Democratic)Danny K. Davis (Democratic)Andy Barr (Republican)Brad Sherman (Democratic)Mark E. Amodei (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Taxpayer Penalty Protection Act of 2021 This bill exempts taxpayers from penalties for failure to pay estimated income tax in taxable years beginning in 2020 if such taxpayers (1) paid at least 70% of the tax due for the current year, and (2) paid 70% (90% if adjusted gross income exceeds $150,000) of tax shown on returns for the prior year.
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Timeline

Bill from Previous Congress

HR 116-1300
Taxpayer Penalty Protection Act of 2019
Sep 3, 2021
Introduced in House
Sep 3, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-1300
    Taxpayer Penalty Protection Act of 2019


  • September 3, 2021
    Introduced in House


  • September 3, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Taxpayer Penalty Protection Act of 2021

USA117th CongressHR-5155| House 
| Updated: 9/3/2021
Taxpayer Penalty Protection Act of 2021 This bill exempts taxpayers from penalties for failure to pay estimated income tax in taxable years beginning in 2020 if such taxpayers (1) paid at least 70% of the tax due for the current year, and (2) paid 70% (90% if adjusted gross income exceeds $150,000) of tax shown on returns for the prior year.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-1300
Taxpayer Penalty Protection Act of 2019
Sep 3, 2021
Introduced in House
Sep 3, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-1300
    Taxpayer Penalty Protection Act of 2019


  • September 3, 2021
    Introduced in House


  • September 3, 2021
    Referred to the House Committee on Ways and Means.
Judy Chu

Judy Chu

Democratic Representative

California

Cosponsors (10)
Darren Soto (Democratic)Jefferson Van Drew (Republican)Dina Titus (Democratic)Kathy E. Manning (Democratic)Madeleine Dean (Democratic)Thomas R. Suozzi (Democratic)Danny K. Davis (Democratic)Andy Barr (Republican)Brad Sherman (Democratic)Mark E. Amodei (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted