UT HB0210

Removes marriage penalties from individual income tax credits over a five-year period (2026-2030), so that by 2030 the income phaseout thresholds for single, head of household, and married filing separately filers will equal exactly half the threshold for joint filers

Increases the income phaseout threshold for the nonrefundable taxpayer tax credit from $15,095 to $18,696 for single/married filing separately filers, and from $30,190 to $37,392 for joint filers

Adjusts income phaseout thresholds for the nonrefundable retirement tax credit (available to those born before 1953) with graduated changes through 2030, ultimately setting single/head of household/married filing separately at $16,000 and joint filers at $32,000

Modifies income phaseout thresholds for the $1,000 nonrefundable child tax credit (for children under 6), reducing the single/head of household threshold from $43,000 to $27,000 by 2030 to match the married filing separately threshold

Takes effect May 6, 2026, with retrospective operation for taxable years beginning on or after January 1, 2026