- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedFebruary 14th, 2018
- house Committees
To ensure that workers get the most out of the bonuses their employers awarded them due to tax reform, bonuses of up to $2,500 this year should be tax-free for federal tax purposes.
Congress shouldn’t allow bonuses of up to $2,500 to be tax-free this year as the government needs revenue. Alternatively, bonuses of that size should be permanently tax-free.