The US Joint Committee on Taxation has published the List of Expiring Federal Tax Provisions for 2024-2034 on 9 January 2025.
This document lists Federal tax provisions that expired in 2024 or are scheduled to expire in the future. Years in which there are no expiring provisions are not included.
For purposes of this document, the staff of the Joint Committee on Taxation considers a provision to be expiring if, on a statutorily specified date, the provision terminates or reverts to the law in effect before the current version of the provision.
However, there are certain instances where a temporary provision is not considered an expiring provision. For example, when Congress changes a law, an accompanying rule may provide a temporary transition rule, such as a rule providing that a change in law does not apply to transactions pursuant to a written binding contract entered into before a given date. While its terms may provide a kind of temporal limitation, such a rule is not considered an expiring provision. Similarly, a deferred effective date by itself generally is not sufficient to make a provision an expiring provision.
Certain provisions terminate by reference not to a specific date but to a taxpayer’s taxable year. For those provisions, the expiration dates listed in this document assume a calendar-year taxpayer. For that reason, the actual expiration dates of such provisions may differ with respect to a fiscal-year taxpayer or a taxpayer with a short taxable year.
Unless otherwise stated, all section references are to the Internal Revenue Code of 1986 (the “Code”).
