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ID H0177
Bill
Status
2/21/2023
Primary Sponsor
Revenue and Taxation Committee
Click for details
AI Summary
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Allows individuals who maintain a household with one or more qualifying dependents to deduct employment-related household and dependent care expenses up to $12,000 per taxable year.
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Defines qualifying individuals and allowable expenses by reference to sections 21(b)(1), 21(b)(2), 21(c), 21(d), and 21(e) of the Internal Revenue Code.
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Reorganizes and clarifies the language of Section 63-3022D, Idaho Code to streamline the deduction provision.
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Declares an emergency and makes the act effective upon passage and approval with retroactive application to January 1, 2023.
Legislative Description
Amends existing law to revise provisions regarding the income tax deduction for household and dependent care services.
INCOME TAXES
Last Action
Reported Printed and Referred to Revenue & Taxation
2/22/2023