H.R.1561 - To amend the Internal Revenue Code of 1986 to provide a standard deduction for the business use of a home.

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  • Official: To amend the Internal Revenue Code of 1986 to provide a standard deduction for the business use of a home. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
03/17/09
 
 
 
 
 
 
 

Sponsor

Representative

Jeff Fortenberry

R-NE

No Co-Sponsors

Official Summary

Amends the Internal Revenue Code to allow a taxpayer who uses a residence to conduct a trade or business a standard tax deduction equal to the lesser of $2,500 or the taxpayer's gross trade or business income derived from the business use of such residence.




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