Amends the Internal Revenue Code to exempt individuals age 65 and older from the declaration of estimated tax requirement.
Absolves such individuals from a penalty for underpayment of estimated tax if the amount of such tax is less than $500.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line