Sec. 401. Permanent extension of reduction in medical expense deduction floor
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/bill/116/hr/19/ih/section-401A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 213(a) of the Internal Revenue Code of 1986 is amended by striking 10 percent and inserting 7.5 percent . Section 213 of such Code is amended by striking subsection (f). Section 56(b)(1) of such Code is amended by striking subparagraph
(B)and by redesignating subparagraphs (C), (D), (E), and (F), as subparagraphs (B), (C), (D), and (E), respectively. The amendment made by this section shall apply to taxable years ending after December 31, 2019.