Pub. L. 119-21, tit. VII, subtit. A, ch. 1, sec. 70102 (as amended)
EXTENSION AND ENHANCEMENT OF INCREASED STANDARD DEDUCTION.
SEC. 70102. EXTENSION AND ENHANCEMENT OF INCREASED STANDARD DEDUCTION.
(a) In General.—Section 63(c)(7) is amended—
(1) by striking “, and before January 1, 2026” in the matter preceding subparagraph (A), and
(2) by striking “2018 Through 2025” in the heading and inserting “Beginning After 2017”.
(b) Additional Increase in Standard Deduction.—Paragraph (7) of section 63(c) is amended—
(1) by striking “$18,000” both places it appears in subparagraphs (A)(i) and (B)(ii) and inserting “$23,625”,
(2) by striking “$12,000” both places it appears in subparagraphs (A)(ii) and (B)(ii) and inserting “$15,750”,
(3) by striking “2018” in subparagraph (B)(ii) and inserting “2025”, and
(4) by striking “2017” in subparagraph (B)(ii)(II) and inserting “2024”.
(c) [26 U.S.C. 63 note] Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2024.
- Cross-references to the US Code
- 26 U.S.C. 63 note