Governor Charles D. Baker's Budget Recommendation - House 2 Fiscal Year 2017

Search for line item

Go

Deductions from Gross Income


Fiscal Year 2017 Resource Summary (in Millions)
TAX EXPENDITURE FY2013 FY2014 FY2015 FY2016 FY2017
Deductions from Gross Income 166.5 169.5 177.1 189.5 195.1

View tax item language

item description amount
Deductions from Gross Income 195.1
2.201 Charitable Contributions and Gifts Deduction 23.0
2.203 Net Operating Loss (NOL) Carry-Forward 170.3
2.204 Excess Natural Resource Depletion Allowance 1.8
2.205 Deduction for Certain Dividends of Cooperatives N.A.
2.206 Economic Opportunity Areas; Tax Deduction for Renovation of Abandoned Buildings Negligible

Key:

ORIGIN  
IRCFederal Internal Revenue Code (26 U.S.C.)
M.G.L. Massachusetts General Laws
U.S.C United States Code
ESTIMATES All estimates are in $ millions.


top of page link top of page