To amend the Internal Revenue Code of 1986 is amended to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions.
USA116th CongressHR-6856| House
| Updated: 5/13/2020
Linda T. Sánchez
Democratic Representative
California
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill allows a tax deduction for the investment advisory expenses of certain funeral trusts and cemetery perpetual care funds during the period in which the allowance of miscellaneous itemized deductions is suspended (i.e., 2018 through 2025).
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Cemeteries and funeralsFinancial services and investmentsIncome tax deductions
To amend the Internal Revenue Code of 1986 is amended to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions.
USA116th CongressHR-6856| House
| Updated: 5/13/2020
This bill allows a tax deduction for the investment advisory expenses of certain funeral trusts and cemetery perpetual care funds during the period in which the allowance of miscellaneous itemized deductions is suspended (i.e., 2018 through 2025).
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Linda T. Sánchez
Democratic Representative
California
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Cemeteries and funeralsFinancial services and investmentsIncome tax deductions