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United States · Bill · HR

H.R. 14834 (94th)

A bill to amend the Internal Revenue Code of 1954 to increase the standard deduction.

referredUnited States· United States Congress· EN

Introduced

22 July 1976

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

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Subjects

Discovery layer

Source updated

1 August 2024

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Summary

Amends the Internal Revenue Code to increase the percentage standard deduction to an amount equal to 20 percent of adjusted gross income but not to exceed (1) $3,000 in the case of a joint return or a surviving spouse, (2) $2,500 in the case of an unmarried individual, or (3) $1,500 in the case of a married individual filing a separate return.

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Documents

1 official file

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