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Working Families Tax Cut Act

USA118th CongressHR-3864| House 
| Updated: 6/6/2023
Nicole Malliotakis

Nicole Malliotakis

Republican Representative

New York

Cosponsors (2)
Beth Van Duyne (Republican)Michelle Steel (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Tax Cuts for Working Families Act This bill renames the standard tax deduction as the guaranteed deduction. It allows an additional bonus amount of $2,000 ($4,000 for married couples filing jointly) in taxable years beginning in 2024 and 2025 but reduces the bonus amount for taxpayers whose modified adjusted gross income exceeds $200,000 ($400,000 for joint filers).
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Timeline
Jun 6, 2023
Introduced in House
Jun 6, 2023
Referred to the House Committee on Ways and Means.
  • June 6, 2023
    Introduced in House


  • June 6, 2023
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • HR 118-3936: Tax Cuts for Working Families Act
Income tax deductionsInflation and prices

Working Families Tax Cut Act

USA118th CongressHR-3864| House 
| Updated: 6/6/2023
Tax Cuts for Working Families Act This bill renames the standard tax deduction as the guaranteed deduction. It allows an additional bonus amount of $2,000 ($4,000 for married couples filing jointly) in taxable years beginning in 2024 and 2025 but reduces the bonus amount for taxpayers whose modified adjusted gross income exceeds $200,000 ($400,000 for joint filers).
View Full Text

Suggested Questions

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

Timeline
Jun 6, 2023
Introduced in House
Jun 6, 2023
Referred to the House Committee on Ways and Means.
  • June 6, 2023
    Introduced in House


  • June 6, 2023
    Referred to the House Committee on Ways and Means.
Nicole Malliotakis

Nicole Malliotakis

Republican Representative

New York

Cosponsors (2)
Beth Van Duyne (Republican)Michelle Steel (Republican)

Ways and Means Committee

Taxation

Related Bills

  • HR 118-3936: Tax Cuts for Working Families Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Income tax deductionsInflation and prices