To amend the Internal Revenue Code of 1986 to allow miscellaneous itemized deductions subject to a 2-percent floor and to reinstate the overall limitation on itemized deductions.
Middle Class Tax Deduction Act of 2019
This bill reinstates certain miscellaneous itemized tax deductions (e.g., deductions for unreimbursed employee expenses) as allowable deductions. Presently, the deductions are suspended through 2025.
The bill reinstates the limitation on itemized tax deductions for an individual whose adjusted gross income exceeds a specified amount. Presently, the limitation is suspended through 2025.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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