Savings for Servicemembers Act This bill reduces from 100 miles to 50 miles the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line tax deduction for travel expenses. (Above-the-line tax deductions are subtracted from gross income to arrive at adjusted gross income.)
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Income tax deductionsMilitary personnel and dependentsNational Guard and reservesTransportation costs
Savings for Servicemembers Act
USA116th CongressS-837| Senate
| Updated: 3/14/2019
Savings for Servicemembers Act This bill reduces from 100 miles to 50 miles the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line tax deduction for travel expenses. (Above-the-line tax deductions are subtracted from gross income to arrive at adjusted gross income.)