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To amend the Internal Revenue Code of 1986 to prevent the fraudulent overreporting of income with respect to the earned income tax credit and the additional child tax credit.

USA115th CongressHR-4233| House 
| Updated: 11/2/2017
James B. Renacci

James B. Renacci

Republican Representative

Ohio

Cosponsors (1)
Tom Rice (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Improper Tax Payments Reduction Act of 2017 This bill amends the Internal Revenue Code, with respect to the earned income tax credit, to: (1) specify that a taxpayer must claim all allowable deductions when determining net earnings from self-employment, (2) require employers who report wages to include the name and address of each employee and the amount of reportable wages received by each of those employees, and (3) limit earned income to amounts substantiated by the taxpayer on statements furnished or returns filed under third-party information reporting requirements or amounts substantiated by the taxpayer's books and records.
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Timeline
Nov 2, 2017
Introduced in House
Nov 2, 2017
Referred to the House Committee on Ways and Means.
  • November 2, 2017
    Introduced in House


  • November 2, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • HR 115-1: An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.
Fraud offenses and financial crimesIncome tax creditsIncome tax deductionsPoverty and welfare assistanceTax administration and collection, taxpayersWages and earnings

To amend the Internal Revenue Code of 1986 to prevent the fraudulent overreporting of income with respect to the earned income tax credit and the additional child tax credit.

USA115th CongressHR-4233| House 
| Updated: 11/2/2017
Improper Tax Payments Reduction Act of 2017 This bill amends the Internal Revenue Code, with respect to the earned income tax credit, to: (1) specify that a taxpayer must claim all allowable deductions when determining net earnings from self-employment, (2) require employers who report wages to include the name and address of each employee and the amount of reportable wages received by each of those employees, and (3) limit earned income to amounts substantiated by the taxpayer on statements furnished or returns filed under third-party information reporting requirements or amounts substantiated by the taxpayer's books and records.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 2, 2017
Introduced in House
Nov 2, 2017
Referred to the House Committee on Ways and Means.
  • November 2, 2017
    Introduced in House


  • November 2, 2017
    Referred to the House Committee on Ways and Means.
James B. Renacci

James B. Renacci

Republican Representative

Ohio

Cosponsors (1)
Tom Rice (Republican)

Ways and Means Committee

Taxation

Related Bills

  • HR 115-1: An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Fraud offenses and financial crimesIncome tax creditsIncome tax deductionsPoverty and welfare assistanceTax administration and collection, taxpayersWages and earnings