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Code · BILL · 113th Congress · H.R. 1 (Introduced in House) — To amend the Internal Revenue Code of 1986 to provide for comprehensive tax reform. · Sec. 5006

Sec. 5006. Increased specific deduction

34 words·~1 min read·/bill/113/hr/1/ih/section-5006

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(12)of section 512(b) is amended by striking $1,000 each place it appears and inserting $10,000 . The amendments made by this section shall apply to taxable years beginning after December 31, 2014.
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