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NC S844
Bill
AI Summary
- Increases North Carolina standard deduction amounts for all filing statuses, effective for taxable years beginning January 1, 2025
- Raises married filing jointly/surviving spouse standard deduction from $25,500 to $26,000
- Increases head of household standard deduction from $19,125 to $19,500
- Raises single and married filing separately standard deductions from $12,750 to $13,000
- Sponsored by Senators Batch, Grafstein, and Garrett
Legislative Description
Middle Class Momentum Act
Individual Income
Last Action
Ref To Com On Rules and Operations of the Senate
5/6/2024
Committee Referrals
Rules and Operations of the Senate5/6/2024
Full Bill Text
No bill text available