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2020 SESSION
HB 1717 Income tax, state; deductions for single individuals and married persons.
Introduced by: R. Lee Ware | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Standard deduction from Virginia taxable income; increasing. Increases the standard deduction for taxable years beginning on and after January 1, 2020, but before January 1, 2026, from $4,500 to $6,000 for single individuals and from $9,000 to $12,000 for married persons (one-half of such amounts in the case of a married individual filing a separate return).
FULL TEXT
HISTORY
- 01/17/20 House: Presented and ordered printed 20106048D
- 01/17/20 House: Referred to Committee on Finance
- 01/23/20 House: Assigned Finance sub: Subcommittee #3
- 01/29/20 House: Continued to 2021 in Finance by voice vote