S.1370 - Gold Star Family Tax Relief Act116th Congress (2019-2020)
|Sponsor:||Sen. Cassidy, Bill [R-LA] (Introduced 05/08/2019)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 05/21/2019 Ordered held at desk by unanimous consent. (All Actions)|
This bill has the status Passed Senate
Here are the steps for Status of Legislation:
- Passed Senate
Summary: S.1370 — 116th Congress (2019-2020)All Information (Except Text)
Passed Senate (05/21/2019)
Gold Star Family Tax Relief Act
(Sec. 2) This bill treats certain military survivor benefits that are received by children as earned income of the child for the purposes of the kiddie tax (the tax on the unearned income of children). This has the effect of exempting the benefits from such tax.
The bill applies to taxable years beginning after December 31, 2017.