A bill to amend the Internal Revenue Code of 1954 to allow an itemized deduction for certain salaries.

Summary

Amends the Internal Revenue Code to allow as an individual income tax deduction a reasonable allowance for salaries or other compensation for personal services actually rendered but not otherwise deductible paid to any individual during the taxable year. Denies such a deduction for salaries or other compensation paid to: (1) an individual with respect to whom the taxpayer claims a personal exemption deduction; or (2) a child of the taxpayer who has not reached age 19.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 31 March 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 31 March 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 31 March 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 31 March 1977

  Open at official source

Sponsors

• Rep. Danielson, George E. [D-CA-30] · D · Sponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1954 to allow an itemized deduction by individuals for certain salaries or other compensation paid to certain individuals.