H.R. 4085 · 110th Congress
Military Service Tax Relief Act of 2007
- Stage
- In committee
- Sponsor
- Ron Klein
- Introduced
- 2007-11-06
- Latest action
- 2007-11-06 · Introduced in House
Summary
Military Service Tax Relief Act of 2007 - Amends the Internal Revenue Code to make permanent: (1) penalty-free distributions from individual retirement plans to individuals called or ordered to active military duty; and (2) the taxpayer election to include combat zone compensation as earned income for purposes of computing the earned income tax credit.