HR. 111In Committee
To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for health insurance premiums.
Allows an above the line income tax deduction for health insurance premiums covering taxpayers spouses and dependents
Plain-English overview
What this bill does
Allows an above the line income tax deduction for health insurance premiums covering taxpayers spouses and dependents
Key points
- Amend income tax adjustment rules
- Allow health insurance premium deduction
Current status
Where it stands
Status
In Committee
Latest action
2025-01-03 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedHealth care costs and insuranceIncome tax deductionsTaxation