Definitions for "EGTRRA"
The tax legislation enacted in 2001 that phased in lower tax rates, created a 10-percent tax bracket, increased the child credit, reduced marriage tax penalties, pared and then eliminated the estate tax, and included tax incentives for education expenses, retirement savings, and other purposes. EGTRRA's provisions are scheduled to expire at the end of 2010, at which time the tax code will revert to its 2000 form.
EGTRRA is the Economic Growth and Tax Relief Reconciliation Act of 2001, as amended, and the Treasury regulations, pronouncements and publications thereunder.
Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA).