HR 1561 · 111th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide a standard deduction for the business use of a home.

Introduced 2009-03-17· Sponsored by Rep. Fortenberry, Jeff [R-NE-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2009-03-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a taxpayer who uses a residence to conduct a trade or business a standard tax deduction equal to the lesser of $2,500 or the taxpayer's gross trade or business income derived from the business use of such residence.…

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