HR 1437 · 110th Congress · Taxation
To amend the Internal Revenue Code of 1986 to modify and make permanent the deduction for qualified tuition and related expenses.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2007-03-09)
Plain Language Summary
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Amends the Internal Revenue Code to: (1) make permanent the tax deduction for qualified tuition and related expenses; (2) increase the maximum amount of such deduction to $5,000 and repeal provisions requiring a phaseout of the deduction based on adjusted gross income; and (3) allow grandparents to claim a deduction for the tuition and related expenses of their grandchildren.…
Summarized by Claude AI · Non-partisan · For informational purposes only