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Tax Relief for Essential Workers in 2020

This bill proposes to exclude up to $10,200 of income from taxes for essential workers for the 2020 tax year. It applies to individuals whose adjusted gross income in 2020 was less than $150,000. The aim is to ease the financial burden on those who worked during challenging times.
Key points
Tax Exclusion: Allows up to $10,200 of wages or self-employment earnings from 2020 to be excluded from gross income.
Income Limit: The exclusion applies to taxpayers with an adjusted gross income below $150,000 for the 2020 tax year.
No Double Benefit: The exclusion amount will be reduced by any unemployment compensation tax relief already received.
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Additional Information
Print number: 117_HR_2563
Sponsor: Rep. Bergman, Jack [R-MI-1]
Process start date: 2021-04-15