Connecticut HB05051 establishes a personal income tax deduction for tips or gratuities and overtime pay.
Connecticut HB05051 amends section 12-701 of the general statutes to establish a personal income tax deduction for the amount of tips or gratuities and overtime pay properly deductible for federal income tax purposes. This bill aims to align state tax deductions with federal tax deductions for these income types.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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