The House on June 2, 2004, approved the Simple Tax for Seniors Bill of 2004 (HR 4109) by a unanimous vote. The bill would create a simplified Form 1040 for taxpayers age 65 and older. The bill now moves to the Senate, where it is likely to be considered along with another House-passed bill (HR 4193) addressing the New Markets Tax Credit and Renewal Communities.
Wolters Kluwer Tax and Accounting
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