H.R.1906 - To amend the Internal Revenue Code of 1986 to adjust the estimated tax payment safe harbor based on income for the preceding year in the case of individuals with adjusted gross income greater than $5 million.

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  • Official: To amend the Internal Revenue Code of 1986 to adjust the estimated tax payment safe harbor based on income for the preceding year in the case of individuals with adjusted gross income greater than $5 million. as introduced.

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Introduced
 
House
Passed
 
Senate
Passes
 
President
Signs
 

 
04/18/07
 
04/19/07
 
 
 
 
 

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Latest Vote

Result: Passed - April 19, 2007

Roll call number 232 in the House

Question: On Passage: H R 1906 Adjustment of Estimated Tax Payment Safe Harbor for Individual Taxpayers with Adjusted Gross Income Greater than $5 Million

 

Official Summary

Amends the Internal Revenue Code to increase (from 110% to 110.1%) the estimated tax payment safe harbor percentage for determining the amount of estimated tax payable by individual taxpayers whose adjusted gross income for the preceding taxable year exceeds $5 million.




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