Tuition Tax Relief Act

[AI summary unavailable — showing source text] Tuition Tax Relief Act - Amends the Internal Revenue Code to allow individual taxpayers an income tax credit for 35 percent of the tuition paid for the elementary, secondary, college, or post-secondary vocational education of the taxpayer, his spouse, or any of his dependents. Sets forth maximum dollar amounts allowable as a credit for calendar years 1979, 1980, 1981, and 1982. Treats tuition payments as paid for calendar year 1980 only if such payments are made on or after August 1, 1980, and before January 1, 1981. Treats tuition payments as paid for calendar year 1981 and thereafter only if such payments are made during the particular calendar year or within one month of the beginning or close of such calendar year for education furnished during that year. Excludes graduate students from eligibility for the credit. Requires full-time or qualified half-time attendance at an eligible educational institution. Excludes from the definition of "tuition" any amounts paid for books, supplies, and equipment for courses of instruction, meals, lodging, transportation, or education below the first-grade level. Forbids any construction of this Act as granting the Government additional author…