H.R. 5913 · 115th Congress
Family Tax Deduction Improvement Act
- Stage
- In committee
- Sponsor
- Tom MacArthur
- Introduced
- 2018-05-22
- Latest action
- 2018-05-22 · Introduced in House
Summary
Family Tax Deduction Improvement Act
This bill amends the Internal Revenue Code to modify the limit on individual deductions for certain state and local taxes, which is currently $10,000 per year ($5,000 for a married taxpayer filing a separate return). The bill doubles the limit for married individuals and requires the limit to be adjusted for inflation after 2019.