us-ca/guidance/ftb/summary-of-federal-income-tax-changes — Summary of Federal Income Tax Changes (FTB)

Details of Public Law 117-328, section 114 , Deferral of Tax for Certain Sales of Employer Stock to Employee Stock Ownership Plan Sponsored by S Corporation

Details of Public Law 117-328, section 117 , Contribution Limit for SIMPLE Plans

Details of Public Law 117-328, section 121 , Starter 401(k) Plans for Employers with No Retirement Plan

Details of Public Law 117-328, section 124 , Modification of Age Requirement for Qualified ABLE Programs

Details of Public Law 117-328, section 125 , Improving Coverage for Part-Time Workers

Details of Public Law 117-328, section 126 , Special Rules for Certain Distributions from Long-Term Qualified Tuition Programs to Roth IRAs

Details of Public Law 117-328, section 127 , Emergency Savings Accounts Linked to Individual Account Plans

Details of Public Law 117-328, section 201 , Remove Required Minimum Distribution Barriers for Life Annuities

Details of Public Law 117-328, section 301 , Recovery of Retirement Plan Overpayments

Details of Public Law 117-328, section 304 , Updating Dollar Limit for Mandatory Distributions

Details of Public Law 117-328, section 309 , Exclusion of Certain Disability-Related First Responder Retirement Payments

Details of Public Law 117-328, section 320 , Eliminating Unnecessary Plan Requirements Related to Unenrolled Participants

Details of Public Law 117-328, section 323 , Clarification of Substantially Equal Periodic Payment Rule

Details of Public Law 117-328, section 328 , Consolidated Appropriations Act, 2023, Repeal of Direct Payment Requirement on Exclusion from Gross Income of Distributions from Governmental Plans for Health and Long-Term Care Insurance

Details of Public Law 117-328, section 331 , Consolidated Appropriations Act, 2023, Special Rules for Use of Retirement Funds in Connection with Qualified Federally Declared Disasters

Details of Public Law 117-328, section 332 , Consolidated Appropriations Act, 2023, Employers Allowed to Replace Simple Retirement Accounts with Safe Harbor 401(k) Plans During a Year

Details of Public Law 117-328, section 334 , Consolidated Appropriations Act, 2023, Long-Term Care Contracts Purchased with Retirement Plan Distributions

Details of Public Law 117-328, section 601 , Consolidated Appropriations Act, 2023, Simple and SEP Roth IRAs

Details of Public Law 117-328, section 605 , Consolidated Appropriations Act, 2023, Charitable Conservation Easements

Details of Public Law 117-328, section 606 , Consolidated Appropriations Act, 2023, Enhancing Retiree Health Benefits in Pension Plans

Details of Public Law 117-167, section 107 , Advanced Manufacturing Investment Credit

Details of Public Law 117-169, section 10101 , Corporate Alternative Minimum Tax

Details of Public Law 117-169, section 10201 , Excise Tax on Repurchase of Corporate Stock

Details of Public Law 117-169, section 12001 , Improve Affordability and Reduce Premium Costs of Health Insurance for Consumers

Details of Public Law 117-169, section 13101 , Extension and Modification of Credit for Electricity Produced from Certain Renewable Resources

Details of Public Law 117-169, section 13102 , Extension and Modification of Energy Credit

Details of Public Law 117-169, section 13103 , Increase in Energy Credit for Solar and Wind Facilities Placed in Service in Connection with Low-Income Communities

Details of Public Law 117-169, section 13104 , Extension and Modification of Credit for Carbon Oxide Sequestration

Details of Public Law 117-169, section 13105 , Zero-Emissions Nuclear Power Production Credit

Details of Public Law 117-169, section 13201 , Extension of Incentives for Biodiesel, Renewable Diesel, and Alternative Fuels

Details of Public Law 117-169, section 13202 , Extension of Second Generation Biofuel Incentives

Details of Public Law 117-169, section 13203 , Sustainable Aviation Fuel Credit

Details of Public Law 117-169, section 13204 , Clean Hydrogen

Details of Public Law 117-169, section 13301 , Extension, Increase, and Modifications of Nonbusiness Energy Property Credit

Details of Public Law 117-169, section 13302 , Residential Clean Energy Credit

Details of Public Law 117-169, section 13303 , Energy Efficient Commercial Buildings Deduction

Details of Public Law 117-169, section 13304 , Extension, Increase, and Modifications of New Energy Efficient Home Credit

Details of Public Law 117-169, section 13401 , Clean Vehicle Credit

Details of Public Law 117-169, section 13402 , Credit for Previously-Owned Clean Vehicles

Details of Public Law 117-169, section 13403 , Qualified Commercial Clean Vehicles

Details of Public Law 117-169, section 13404 , Alternative Fuel Refueling Property Credit

Details of Public Law 117-169, section 13501 , Extension of the Advanced Energy Project Credit

Details of Public Law 117-169, section 13502 , Advanced Manufacturing Production Credit

Details of Public Law 117-169, section 13601 , Reinstatement of Superfund

Details of Public Law 117-169, section 13701 , Clean Electricity Production Credit

Details of Public Law 117-169, section 13702 , Clean Electricity Investment Credit

Details of Public Law 117-169, section 13703 , Cost Recovery for Qualified Facilities, Qualified Property, and Energy Storage Technology

Details of Public Law 117-169, section 13704 , Clean Fuel Production Credit

Details of Public Law 117-169, section 13801 , Elective Payment for Energy Property and Electricity Produced from Certain Renewable Resources, Etc.

Details of Public Law 117-169, section 13901 , Permanent Extension of Tax Rate to Fund Black Lung Disability Trust Fund

Details of Public Law 117-169, section 13902 , Increase in Research Credit Against Payroll Tax for Small Businesses

Details of Public Law 117-169, section 13903 , Reinstatement of Limitation Rules for Deduction for State and Local, etc. Taxes

Details of Public Law 117-169, section 13903 , Extension of Limitation on Excess Business Losses of Noncorporate Taxpayers

Details of Public Law 117-167, section 13904 , Removal of Harmful Small Business Taxes

Details of Public Law 117-169, section 13904 , Extension of Limitation on Deduction for State and Local, Etc., Taxes

Details of Public Law 117-58, section 80401 , Infrastructure Investment and Jobs Act, Private Activity Bonds for Qualified Broadband Projects

Details of Public Law 117-58, section 80402 , Infrastructure Investment and Jobs Act, Carbon Dioxide Capture Facilities

Details of Public Law 117-58, section 80501 , Infrastructure Investment and Jobs Act, Modification of Automatic Extension of Certain Deadlines in the Case of Taxpayers Affected by Federally Declared Disasters

Details of Public Law 117-58, section 80502 , Infrastructure Investment and Jobs Act, Modifications of Rules for Postponing Certain Acts by Reason of Service in Combat Zone or Contingency Operation

Details of Public Law 117-58, section 80504 , Infrastructure Investment and Jobs Act, Authority to Postpone Certain Tax Deadlines by Reason of Significant Fires

Details of Public Law 117-58, section 80601 , Infrastructure Investment and Jobs Act, Modification of Tax Treatment of Contributions to the Capital of a Corporation

Details of Public Law 117-58, section 80602 , Infrastructure Investment and Jobs Act, Extension of Interest Rate Stabilization

Details of Public Law 117-58, section 80603 , Infrastructure Investment and Jobs Act, Information Reporting for Brokers and Digital Assets

Details of Public Law 117-58, section 80604 , Infrastructure Investment and Jobs Act, Termination of Employee Retention Credit for Employers Subject to Closure Due to COVID-19

Details of Public Law 117-2, section 3201 , Emergency Rental Assistance

Details of Public Law 117-2, section 5001 , Modifications to the Paycheck Protection Program

Details of Public Law 117-2, section 5002 , Targeted EIDL Advance

Details of Public Law 117-2, section 5003 , Support for Restaurants

Details of Public Law 117-2, section 9041 , Extension of Limitation on Excess Business Losses of Noncorporate Taxpayers