HR 4950 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow retirement income to be taken into account in computing the deduction for 2-earner married couples.

Introduced 1981-11-12· Sponsored by Rep. Parris, Stanford E. (Stan) [R-VA-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-11-12)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow married couples to include income from pensions, annuities and amounts paid from individual retirement plans in the computation of the marriage penalty tax deduction.…

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