👍🏻👍🏻 Senate Bill S-1370 AKA the “Gold Star Family Tax Relief Act” 👍🏻👍🏻
I’m in strong support of and recommend the passage of the Senate Bill S-1370 AKA the “Gold Star Family Tax Relief Act” which,would treat military survivor benefits that are received by children as earned income for the purposes of the “kiddie tax” (the tax on the unearned income of children).
In effect, this would exempt military survivor benefits from the tax. The exemption would apply retroactively for the 2018 tax year and for all years thereafter.
This bill would provide immediate tax relief to the families of service members who gave their lives defending our freedom and has virtually unanimous bipartisan support by fixing an unintended mistake in the tax code.
SneakyPete..... 👍🏻👍🏻GoldStar👍🏻👍🏻. 5*27*19.....