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

Details of Public Law 117-2, section 9662 , Temporary Modification of Limitations on Reconciliation of Tax Credits for Coverage under a Qualified Health Plan with Advance Payments of Such Credit

Details of Public Law 117-2, section 9663 , Application of Premium Tax Credit in Case of Individuals Receiving Unemployment Compensation During 2021

Details of Public Law 117-2, section 9673 , Tax Treatment of Restaurant Revitalization Grants

Details of Public Law 117-2, section 9674 , Modification of Exceptions for Reporting of Third Party Network Transactions

Details of Public Law 117-2, section 9675 , Modification of Treatment of Student Loan Forgiveness

Details of Public Law 117-2, section 9701 , Temporary Delay of Designation of Multiemployer Plans as in Endangered, Critical, or Critical and Declining Status

ERISA Preemption

Details of Public Law 117-2, section 9702 , Temporary Extension of the Funding Improvement and Rehabilitation Periods for Multiemployer Pension Plans in Critical and Endangered Status for 2020 or 2021

ERISA Preemption

Details of Public Law 117-2, section 9703 , Adjustments to Funding Standard Account Rules

ERISA Preemption

Details of Public Law 117-2, section 9704 , Special Financial Assistance Program for Financially Troubled Multiemployer Plans

ERISA Preemption

Details of Public Law 117-2, section 9705 , Extended Amortization for Single Employer Plans

ERISA Preemption

Details of Public Law 117-2, section 9706 , Extension of Pension Funding Stabilization Percentages for Single Employer Plans

ERISA Preemption

Details of Public Law 117-2, section 9707 , Modification of Special Rules for Minimum Funding Standards for Community Newspaper Plans

ERISA Preemption

Details of Public Law 117-2, section 9708 , Expansion of Limitation on Excessive Employee Remuneration

Details of Public Law 117-6, section 2 , Extension of Covered Period for Paycheck Protection Program

Details of Public Law 116-127, section 7001 , Payroll Credit for Required Paid Sick Leave

Details of Public Law 116-127, section 7002 , Credit for Sick Leave for Certain Self-Employed Individuals

Details of Public Law 116-127, section 7003 , Payroll Credit for Required Paid Family Leave

Details of Public Law 116-127, section 7004 , Credit for Family Leave for Certain Self-Employed Individuals

Details of Public Law 116-136, section 1106 , Loan Forgiveness

Details of Public Law 116-136, section 2202 , Special Rules for Use of Retirement Funds

Details of Public Law 116-136, section 2203 , Temporary Waiver of Required Minimum Distribution Rules for Certain Retirement Plans and Accounts

Details of Public Law 116-136, section 2204 , Allowance of Partial Above the Line Deduction for Charitable Contributions

Details of Public Law 116-136, section 2205 , Modification of Limitations on Charitable Contributions During 2020

Details of Public Law 116-136, section 2303 , Modifications for Net Operating Losses

Details of Public Law 116-136, section 3607 , Expansion of DOL Authority to Postpone Certain Deadlines

Details of Public Law 116-136, section 3608 , Single-Employer Plan Funding Rules

Details of Public Law 116-136, section 3609 , Application of Cooperative and Small Employer Charity Pension Plan Rules to Certain Charitable Employers Whose Primary Exempt Purpose is Providing Services with Respect to Mothers and Children

Details of Public Law 116-136, section 3702 , Inclusion of Certain Over-The-Counter Medical Products as Qualified Medical Expenses

Details of Public Law 116-136, section 4003 , Emergency Relief and Taxpayer Protections

Details of Public Law 116-139, section 101 , Amendments to the Paycheck Protection Program, Economic Injury Disaster Loans, and Emergency Grants

Details of Public Law 116-142, section 3 , Amendments to Paycheck Protection Program Loan Forgiveness

Details of Public Law 116-260, section 272 , Additional 2020 Recovery Rebates for Individuals

Details of Public Law 116-260, section 273 , Amendments to Recovery Rebates under the CARES Act

Details of Public Law 116-260, section 274 , Extension of Certain Deferred Payroll Taxes

Details of Public Law 116-260, section 276 , Clarification of Tax Treatment of Forgiveness of Covered Loans

Details of Public Law 116-260, section 277 , Emergency Financial Aid Grants

Details of Public Law 116-260, section 278 , Clarification of Tax Treatment of Certain Loan Forgiveness and other Business Financial Assistance

Details of Public Law 116-260, section 280 , Application of Special Rules to Money Purchase Pension Plans

Details of Public Law 116-260, section 281 , Election to Waive Application of Certain Modifications to Farming Losses

Details of Public Law 116-260, section 283 , Disclosures to Identify Tax Receivables Not Eligible for Collection Pursuant to Qualified Tax Collection Contracts

Details of Public Law 116-260, section 284 , Modification of Certain Protections for Taxpayer Return Information

Details of Public Law 116-260, section 285 , 2020 Election to Terminate Transfer Period for Qualified Transfers from Pension Plan for Covering Future Retiree Costs

Details of Public Law 116-260, section 304 , Additional Eligible Expenses

Details of Public Law 116-260, section 501 , Emergency Rental Assistance

Details of Public Law 116-260, section 102 , Health Insurance Requirements Regarding Surprise Medical Billing

Details of Public Law 116-260, section 103 , Determination of Out-Of-Network Rates to be Paid by Health Plans; Independent Dispute Resolution Process

Details of Public Law 116-260, section 105 , Ending Surprise Air Ambulance Bills

Details of Public Law 116-260, section 106 , Reporting Requirements Regarding Air Ambulance Services

Details of Public Law 116-260, section 107 , Transparency Regarding In-Network and Out-Of-Network Deductibles and Out-Of-Pocket Limitations

Details of Public Law 116-260, section 111 , Consumer Protections through Health Plan Requirement for Fair and Honest Advance Cost Estimate

Details of Public Law 116-260, section 113 , Ensuring Continuity of Care

Details of Public Law 116-260, section 114 , Maintenance of Price Comparison Tool

Details of Public Law 116-260, section 116 , Protecting Patients and Improving the Accuracy of Provider Directory Information

Details of Public Law 116-260, section 201 , Increasing Transparency by Removing Gag Clauses on Price and Quality Information

Details of Public Law 116-260, section 203 , Strengthening Parity in Mental Health and Substance Use Disorder Benefits

Details of Public Law 116-260, section 204 , Reporting on Pharmacy Benefits and Drug Costs

Details of Public Law 116-260, section 101 , Reduction in Medical Expense Deduction Floor

Details of Public Law 116-260, section 102 , Energy Efficient Commercial Buildings Deduction

Details of Public Law 116-260, section 103 , Benefits Provided to Volunteer Firefighters and Emergency Medical Responders

Details of Public Law 116-260, section 106 , Certain Provisions Related to Beer, Wine, and Distilled Spirits

Details of Public Law 116-260, section 112 , New Markets Tax Credit

Details of Public Law 116-260, section 113 , Work Opportunity Credit

Details of Public Law 116-260, section 114 , Exclusion from Gross Income of Discharge of Qualified Principal Residence Indebtedness

Details of Public Law 116-260, section 115 , 7-Year Recovery Period for Motorsports Entertainment Complexes

Details of Public Law 116-260, section 116 , Expensing Rules for Certain Productions

Details of Public Law 116-260, section 118 , Empowerment Zone Tax Incentives

Details of Public Law 116-260, section 119 , Employer Credit for Paid Family and Medical Leave

Details of Public Law 116-260, section 120 , Exclusion for Certain Employer Payments of Student Loans

Details of Public Law 116-260, section 132 , Extension and Phaseout of Energy Credit

Details of Public Law 116-260, section 137 , Classification of Certain Race Horses as 3-Year Property

Details of Public Law 116-260, section 138 , Accelerated Depreciation for Business Property on Indian Reservations

Details of Public Law 116-260, section 146 , Energy Efficient Homes Credit

Details of Public Law 116-260, section 148 , Extension of Residential Energy-Efficient Property Credit and Inclusion of Biomass Fuel Property Expenditures

Details of Public Law 116-260, section 202 , Depreciation of Certain Residential Rental Property over 30-Year Period

Details of Public Law 116-260, section 203 , Waste Energy Recovery Property Eligible for Energy Credit

Details of Public Law 116-260, section 205 , Minimum Rate of Interest for Certain Determinations Related to Life Insurance Contracts

Details of Public Law 116-260, section 206 , Clarifications and Technical Improvements to CARES Act Employee Retention Credit

Details of Public Law 116-260, section 207 , Extension and Modification of Employee Retention and Rehiring Tax Credit

Details of Public Law 116-260, section 208 , Minimum Age for Distributions during Working Retirement

Details of Public Law 116-260, section 209 , Temporary Rule Preventing Partial Plan Termination

Details of Public Law 116-260, section 210 , Temporary Allowance of Full Deduction for Business Meals

Details of Public Law 116-260, section 211 , Temporary Special Rule for Determination of Earned Income