Two-percent haircut
id:
two-percent-haircut-238-6634079
title:
Two-percent haircut
text:
In the United States tax system, the two-percent haircut, otherwise known as the two-percent floor, is a limitation on miscellaneous itemized income tax deductions and is codified under Internal Revenue Code IRC § 67(a). IRC § 67(a) states that a taxpayer can deduct "miscellaneous itemized deductions" only to the extent that the aggregate of such deductions exceed two percent of the taxpayer's adjusted gross income.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Two-percent_haircut
date created:
date modified:
2020-06-05T10:31:53Z
main entity:
{"identifier":"Q7858671","url":"https://www.wikidata.org/entity/Q7858671"}
image:
fields total:
13
integrity:
13