Working Class Bonus Tax Relief Act of 2025
The summary
What this bill does
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).
Legislative timeline
From introduction
Jan 20, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - NE District 2 · R-NE
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 557 |
| Origin Chamber | House |
| Current Status | Referred to the House Committee on Ways and Means. |
| Policy Area | Taxation |
| Primary Committee | Not assigned |
| Introduced | January 20, 2025 |
| Latest Action | January 20, 2025 |
| Cosponsors | 0 · House vote — · 1 views |