H.R.7350: To amend the Internal Revenue Code of 1986 to exempt certain late unemployment payments from taxation.

About This Bill

  • Introduced March 31, 2022
  • Latest Major Action March 31, 2022

Bill Version

Bill Summary

This bill excludes from the gross income of a taxpayer up to $10,200 in unemployment compensation issued to the taxpayer for calendar year 2020, but not received until 2021. This exclusion applies to taxable years beginning after December 31, 2020.

(Source: Library of Congress)

Bill Actions

Date Description
March 31, 2022
Referred to the House Committee on Ways and Means.
March 31, 2022

Introduced in the House by Mike Thompson (D-Calif.)

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