HR 4919 · 98th Congress · Taxation
A bill to increase the maximum annual dollar amount limitation on deductions allowed under the Internal Revenue Code of 1954 for contributions to an individual retirement account of a spouse and to provide that the limitation relating to the amount of a compensation received, with respect to such deductions, shall be computed on the basis of the combined compensations of a husband and wife.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1984-02-23)
Plain Language Summary
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Amends the Internal Revenue Code to allow married individuals to compute the amount of their income tax deduction for contributions to retirement savings accounts on the basis of the earnings of their spouse.…
Summarized by Claude AI · Non-partisan · For informational purposes only