Search Results for keywords:"joint tax returns"

Search Results: keywords:"joint tax returns"

H. R. 990 — To amend the Internal Revenue Code of 1986 to allow individuals to avoid a penalty for failure to pay income tax by timely paying 125 percent of the income tax liability for the prior year.
February 05, 2025
Status:Introduced in House
Congress:119
Words:720
H. R. 990 aims to amend the Internal Revenue Code of 1986 to help individuals avoid penalties for not paying their income taxes on time. To do this, the bill allows individuals to avoid such penalties if they pay at least 125% of their previous year's income tax bill by the...
Simple Explanation
H. R. 990 wants to help people avoid paying extra money because of late taxes by letting them pay 125% of last year's taxes by the deadline. But they can't do this if they missed last year's tax filing or if last year's taxes were for less than a year.
H. R. 547 — To amend the Internal Revenue Code of 1986 to require an individual to provide a social security number to claim the child tax credit.
January 16, 2025
Status:Introduced in House
Congress:119
Words:548
H.R. 547 proposes an amendment to the Internal Revenue Code of 1986 that requires individuals to provide a social security number when claiming the child tax credit. The bill specifies that both the taxpayer and the qualifying child must have a social security number to be...
Simple Explanation
H.R. 547 is a rule that says people need to have a special number called a social security number to get money help because they have kids. However, if someone is in the military and they file taxes with their husband or wife, only one of them needs the number.

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