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Seniors in the Workforce Tax Relief Act
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Seniors in the Workforce Tax Relief Act This bill allows an above-the-line tax deduction through 2028 for individual taxpayers who have attained age 65 at the end of the taxable year. The deduction is equal to $25,000 reduced by a percentage of the taxpayer's adjusted gross income.
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
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Sources: Congress.gov