To amend the Internal Revenue Code of 1986 to permanently extend the special rule treating combat pay as earned income for purposes of the earned income credit and to increase the standard deduction for individuals performing service in the uniformed services while on active duty for a period of more than 30 days.
Combat Troops Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) make permanent the taxpayer election to include combat zone compensation as earned income for purposes of calculating the earned income tax credit; and (2) allow an additional $1,000 standard tax deduction in 2007 and 2008 for members of the uniformed services on active duty for more than 30 days.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1431-1434)
Read twice and referred to the Committee on Finance.
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5734)
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR H11552)
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