arrow_back Civic Audit
Share share

Tax Relief for Renters: Rent Deduction from Income

This new bill introduces the possibility of deducting a portion of rent expenses for a primary residence from taxable income. It aims to reduce the financial burden on renters, especially those with lower and middle incomes. The changes will take effect from 2025.
Key points
Ability to deduct up to $4,000 annually for rent paid for a primary residence.
Deduction available for individuals with an adjusted gross income not exceeding $100,000 (single), $125,000 (head of household), or $150,000 (joint filers).
The relief will also be available to individuals who do not itemize their deductions.
article Official text account_balance Process page notifications_active Track this Bill
Status: Expired
Civic Will
Checking votes...
I support
I oppose
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 118_HR_10277
Sponsor: Rep. Landsman, Greg [D-OH-1]
Process start date: 2024-12-03