HB98 Alabama 2020 Session

Updated Feb 12, 2020

House Bill

Expired

Current Status

Regular Session 2020

Session

Sponsor

Summary

Primary Sponsor: Rod Scott
Democrat
Session: Regular Session 2020
Title: Taxation, individual income tax, simplified short form, allow up to fifteen hundred of interest and dividend income, Sec. 40-18-15.7 am'd.
Description: Under current law, individuals that qualify to file the Alabama simplified short form with an optional increased standard deduction cannot report non-wage income.
This bill would allow taxpayers that would otherwise qualify to file the Alabama simplified short form to report up to fifteen hundred dollars of interest and dividend income, non-wage income.
Subjects: Taxation