Working Families Disaster Tax Relief Act

This bill would let taxpayers affected by a federally declared major disaster choose to use their earned income from the previous tax year, instead of the current year, when figuring their eligibility for the earned income tax credit and the refundable part of the child tax credit. A taxpayer counts as disaster-affected if their main home or main workplace was in a disaster zone approved for federal individual assistance, or if they lived in a declared disaster area and were displaced from their home by the disaster. The changes would apply to tax years beginning after December 31, 2024.

Full text and official record on Congress.gov

Sponsors

• Sara Jacobs Democrat sponsor
• 0 cosponsors