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ND HB1072
Bill
Status
4/5/2011
Primary Sponsor
Lisa Meier
Click for details
AI Summary
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Creates a new income tax deduction for married individuals filing jointly in North Dakota to offset the federal marriage penalty in standard deductions.
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Allows a deduction equal to the excess of a "recomputed" standard deduction (calculated as double the single filer standard deduction) over the actual federal standard deduction claimed.
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Does not apply if married couples elected to claim itemized deductions instead of the standard deduction on their federal return.
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Requires married filers to compute the available reduction according to methods prescribed by the North Dakota Tax Commissioner.
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Effective for taxable years beginning after December 31, 2010.
Legislative Description
An income tax deduction to remove the marriage penalty contained in the federal standard deduction for married persons filing jointly; and to provide an effective date.
Last Action
Filed with Secretary Of State 04/04
4/14/2011