Amends the Internal Revenue Code to eliminate the State and local tax deduction marriage penalty.
The bill amends the Internal Revenue Code of 1986 to eliminate the State and local tax deduction marriage penalty. It adjusts the dollar amount for the deduction based on filing status, increasing it for joint returns and decreasing it for married individuals filing separately. The changes apply to taxable years beginning after December 31, 2026.
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- Overview
- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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