United States · Bill · HR
H.R. 557 (119th)
Working Class Bonus Tax Relief Act of 2025
Introduced
20 January 2025
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
20 February 2025
Summary
Working Class Bonus Tax Relief Act of 2025 This bill allows a tax deduction for bonuses received by an individual, subject to income limitations, through 2029. The amount of the deduction may not exceed 15% of the individual’s regular wages from the same employer. Further, the deduction is not allowed for individuals with annual adjusted gross income exceeding $100,000 (or $150,000 for heads of the household and $200,000 for married couples filing a joint return).
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Documents
2 official files
Introduced in House
Introduced in House
Introduced in House · EN · 20 January 2025
Introduced in House
summary · EN · 20 January 2025
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/119th-congress/house-bill/557
- Open data entity: https://api.congress.gov/v3/bill/119/hr/557