Legislature Considering Income Tax Deduction for Funeral Expenses

In case you needed another reason to pre-plan your funeral, the Legislature just may give you one.

The Legislature is considering a bill that would allow individuals who earn less than $150,000.00 per year, and who pay state income tax a personal income tax deduction for funeral expenses not to exceed $5,000.00.

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About Ryan McKeen

Ryan McKeen is an attorney engaged in the practice of law at the firm of Leone, Throwe, Teller & Nagle in East Hartford Connecticut.
This entry was posted in A Connecticut Law Blog, Elder Law, Legislation, Real Estate, Small Business. Bookmark the permalink.

One Response to Legislature Considering Income Tax Deduction for Funeral Expenses

  1. vince says:

    when as the goverment done anything to help the public they know and we know its all about them by the time they pass the law of funerals being tax deductible and only up to five thousand what a crock of sh-t that barely buys you the casket …..and if and when they pass that bill our kids will be the ones benefitting

    Reply

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