U.S. Congress - H.R.396 Senior Assets Verification Exemption (SAVE) from Capital Gains Tax Act of 2009
H.R.396 - Senior Assets Verification Exemption (SAVE) from Capital Gains Tax Act of 2009
To amend the Internal Revenue Code of 1986 to provide that certain net capital gain of individuals who have attained age 65 shall not be subject to tax. view all titles (2)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to provide that certain net capital gain of individuals who have attained age 65 shall not be subject to tax. as introduced.
- Short: Senior Assets Verification Exemption (SAVE) from Capital Gains Tax Act of 2009 as introduced.
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Official Summary
1/9/2009--Introduced.Senior Assets Verification Exemption (SAVE) from Capital Gains Tax Act of 2009 - Amends the Internal Revenue Code to allow a tax deduction for the qualified net capital gain of taxpayers age 65 and older. Defines "qualified net capital gain" as the lesser of:Official Summary
1/9/2009--Introduced.Senior Assets Verification Exemption (SAVE) from Capital Gains Tax Act of 2009 - Amends the Internal Revenue Code to allow a tax deduction for the qualified net capital gain of taxpayers age 65 and older. Defines "qualified net capital gain" as the lesser of:(1) net capital gain; or
(2) net capital gain only from assets held for at least 15 years.
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H.R.396: TBI Treatment Act - U.S. Congress - OpenCongress
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January (1). Massachusetts voters: Ted Kennedy is turning over... ► 2009 (15). ► December (2). 60-39: Now, let's get it right, Congress!!! Health Care Reform: Lance Armstrong likes H.R. 396. ...
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