Summary of the Introduced Bill

HB 1719 -- Income Tax Deduction for Social Security Taxes

Sponsor:  Bivins

Currently, a taxpayer can deduct the amount withheld for Social
Security and federal Medicare taxes before determining his or her
Missouri taxable income only if the taxpayer itemized his or her
deductions on the federal return.  This bill authorizes an
additional income tax deduction for the amount of Social Security
and federal Medicare taxes withheld whether or not the taxpayer
itemized his or her deductions on the federal return.

The provisions of the bill will expire six years from the
effective date.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:44 am