A bill to permit a married individual filing a joint return to deduct certain payments made to an individual retirement plan established for the benefit of a working spouse.

Summary

Amends the Internal Revenue Code to permit a married taxpayer filing a joint return to deduct from gross income certain amounts paid to an individual retirement account established for the benefit of a working spouse. Increases from $1,125 to $2,000 the allowable deduction for contributions to an individual retirement account for certain divorced taxpayers.

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Timeline

1. 27 January 1983

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 27 January 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 31 January 1983

   Committee

   Committee on Finance requested executive comment from OMB; Treasury Department.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 27 January 1983

  Open at official source

Sponsors

• Chuck Grassley · R · Sponsor
• Sen. Exon, J. James [D-NE] · D · Sponsor
• · ssfi00 · Standing

Related records

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