118th Congress · HOUSE BILLBILL

H.R. 5802 — Employee Business Expense Deduction Reinstatement Act of 2023

“To amend the Internal Revenue Code of 1986 to allow unreimbursed employee expenses to be taken into account as miscellaneous itemized deductions.”

Taxation

Introduced Sep 28, 2023

Last action Sep 28, 2023

Pipeline · Bill → Law

Step 1

Introduced

Sep 28, 2023

Step 2

Referred

Sep 28, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill reinstates the tax deduction for the itemized miscellaneous expenses of employees performing services in a trade or busines (the deduction is currently suspended for the period beginning in 2018 through 2025). The amount the an employee may take into account in computing the deduction is 85% of unreimbursed food, lodging, travel, or transportation expenses. The bill also lowers the threshold for the deduction to the extent its aggregate amount exceeds 1% (2% under current law).

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Sep 28, 2023

Introduced in House

Sep 28, 2023

Referred to the House Committee on Ways and Means.