H.R. 557 · 119th Congress
Working Class Bonus Tax Relief Act of 2025
In committee
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Bill details
Introduced: 1/20/2025
Current status: In committee
Introduced by: Don Bacon (R · NE-02)
Bill ID: 119hr557
Latest official action: Referred to the House Committee on Ways and Means.
Bill overview
A neutral overview based on official congressional sources.
Introduced in House
Working Class Bonus Tax Relief Act of 2025 This bill allows a tax deduction for bonuses received by an individual, subject to income limitations, through 2029. The amount of the deduction may not exceed 15% of the individual’s regular wages from the same employer. Further, the deduction is not allowed for individuals with annual adjusted gross income exceeding $100,000 (or $150,000 for heads of the household and $200,000 for married couples filing a joint return).
Source: BILLSUM · Summary date: 1/20/2025
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