HR 5220 · 107th Congress · Taxation

Home Office Tax Simplification Act of 2002

Introduced 2002-07-25· Sponsored by Rep. Collins, Mac [R-GA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2002-07-25)

Plain Language Summary

[AI summary unavailable — showing source text] Home Office Tax Simplification Act of 2002 - Amends the Internal Revenue Code to set a minimum deduction of $2,500 for the business use (or rental of) of a dwelling unit. Repeals the requirement of a depreciation recapture on the sale of a principal residence.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. DeLay, Tom [R-TX-22]TX