Family Tax Reduction Act of 1999

Summary

Family Tax Reduction Act of 1999 - Amends the Internal Revenue Code to, among other things: (1) make the standard deduction for taxpayers filing a joint returns twice the deduction of taxpayers filing single returns; (2) increase the deduction from the estate tax for family-owned farms and other family-owned business interests; (3) establish a family care credit for taxpayers with long-term care needs; (4) increase the maximum child and dependent care tax credit rate; (5) allow a 100 percent deduction for the health insurance costs of self-employed individuals; and (6) provide for an inflation adjustment in the alternative minimum tax exemption amount for individuals.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 June 1999

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• Introduced in House (PDF)

  Introduced in House · EN · 9 June 1999

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 9 June 1999

  Open at official source

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