1.411 -Rent Deduction

Item	Description	FY2011	FY2012	FY2013	FY2014	FY2015
1.411	Rent Deduction Renters are able to deduct against Part B income one-half of the rent paid for a principal residence located in Massachusetts up to a maximum deduction of $3,000 per year. This maximum was last raised in tax year 2001. Origin: M.G.L. c. 62, S. 3B(a)(9) Estimate: $123.7	114.9	117.9	119.8	121.7	123.7

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
U.S.C	United States Code
M.G.L.	Massachusetts General Laws
Rev. Rul.; C.B.	Revenue Ruling; Cumulative Bulletin of the U.S. Treasury
ESTIMATES	All estimates are in $ millions.