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Referenced Laws
Section 85
Section 1
1. Termination of tax on unemployment compensation Section 85 of the Internal Revenue Code of 1986 is amended by striking subsection (c) and inserting the following new subsection: This section shall not apply to taxable years beginning after December 31, 2024. The amendment made by this section shall apply to amounts received after December 31, 2024, in taxable years ending after such date. (c)Termination of inclusion in gross incomeThis section shall not apply to taxable years beginning after December 31, 2024. .