A bill to amend the Internal Revenue Code of 1986 to decrease the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line deduction for travel expenses.
About This Bill
Committee
Latest Action · March 14, 2019
Read twice and referred to the Committee on Finance.
Savings for Servicemembers Act
This bill reduces from 100 miles to 50 miles the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line tax deduction for travel expenses. (Above-the-line tax deductions are subtracted from gross income to arrive at adjusted gross income.)
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.