HR 9465 · 118th Congress · Taxation
Seniors in the Workforce Tax Relief Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2024-09-06)
Plain Language Summary
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Seniors in the Workforce Tax Relief Act This bill allows an above-the-line tax deduction through 2028 for individual taxpayers who have attained age 65 at the end of the taxable year. The deduction is equal to $25,000 reduced by a percentage of the taxpayer's adjusted gross income. …
Summarized by Claude AI · Non-partisan · For informational purposes only