Working Class Bonus Tax Relief Act of 2025
This bill allows workers to deduct up to 15% of their non-bonus wages as a tax deduction for bonuses received from an employer. It directly affects individual workers earning bonuses, with income limits: $100,000 for single filers, $150,000 for heads of household, and $200,000 for married couples filing jointly. The deduction expires after December 31, 2029, and modifies tax forms to include this provision without affecting itemized deduction limits. It applies to bonuses received after the bill's enactment date.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
President
Introduced Jan 20, 2025
Last action Jan 20, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 20, 2025
Committee
Referred to the House Committee on Ways and Means.
lower
Jan 20, 2025
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Don Bacon
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 557
Scope: US
Hi! I can help you understand HR 557. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline