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United States · Bill · HR

H.R. 5255 (95th)

A bill to amend the Internal Revenue Code relating to the estate tax treatment of property held subject to joint tenancies.

referredUnited States· United States Congress· EN

Introduced

21 March 1977

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Amends the Internal Revenue Code to apply the 50 percent estate tax exclusion of joint interests held by a decedent and his spouse to all such tenancies in real and personal property so long as the tenancy was created by either or both spouses and was held solely by them.

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Documents

1 official file

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Sources

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