Description: Income tax; allow self-employed individuals to deduct portion of self-employment taxes and health insurance costs.
History of Actions:
|1||01/23/98||(H)||Referred To Ways and Means|
|2||02/25/98||(H)||Died In Committee|
|Effective date||January 1, 1998|
|3/5ths vote required||Yes|
Principal Author: Rotenberry
Code Section: A 027-0007-0017
Title: AN ACT TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT CERTAIN HEALTH INSURANCE COSTS OF, AND SELF-EMPLOYMENT TAXES ASSESSED AGAINST, SELF-EMPLOYED INDIVIDUALS SHALL BE ALLOWED AS INDIVIDUAL NONBUSINESS DEDUCTIONS IN COMPUTING TAXABLE INCOME; AND FOR RELATED PURPOSES.
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