Bill Detail
H.R. 3936
Congress: 118
Title
Tax Cuts for Working Families Act
Summary
Tax Cuts for Working Families Act This bill renames the standard tax deduction as the guaranteed deduction. It allows an additional bonus amount of $2,000 ($4,000 for married couples filing jointly) in taxable years beginning in 2024 and 2025 but reduces the bonus amount for taxpayers whose modified adjusted gross income exceeds $200,000 ($400,000 for joint filers).
Sponsor
Rep. Jason Smith [R-MO-8]
Status
Placed on the Union Calendar, Calendar No. 101.
Status as of Jul 21, 11:02 PM · synced 24d ago
Introduced
2023-06-09
Data source mode: congress-gov
Bill Engagement
Tax Cuts for Working Families Act This bill renames the standard tax deduction as the guaranteed deduction.