Sec. 401. Increase in and expansion of deduction for expenses of elementary and secondary school teachers
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(D)of section 62(a)(2) of the Internal Revenue Code of 1986 is amended by striking $250 and inserting $500 ($1,500 in the case of an eligible educator teaching in a high-need school, as described in section 465(2)(A) of the Higher Education Act of 1965, or as an early childhood educator) . Section 62(d)(3) of such Code is amended— by striking 2015 and inserting 2018 ; by striking the $250 amount and inserting each of the dollar amounts ; and by striking 2014 in subparagraph
(B)thereof and inserting 2017 . Section 62(d)(1) of the Internal Revenue Code of 1986 is amended— by striking who is a kindergarten and inserting who is— a kindergarten ; by striking the period at the end and inserting , and ; and by adding at the end the following new subparagraph: an early childhood educator (as defined in section 200 of the Higher Education Act of 1965 ( 20 U.S.C. 1021 )) in an early childhood education program (as defined in section 103 of such Act ( 20 U.S.C. 1003 )) for at least 1,020 hours during a year. . The amendments made by this section shall apply to amounts paid or incurred in taxable years beginning after the date of the enactment of this Act.
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Sec. 401
Increase in and expansion of deduction for expenses of elementary and secondary school teachers
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