Sec. 804. PAYEE STATEMENT REQUIRED TO CLAIM CERTAIN EDUCATION TAX BENEFITS

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## SEC. 804 PAYEE STATEMENT REQUIRED TO CLAIM CERTAIN EDUCATION TAX BENEFITS ###

(a)American Opportunity Credit, Hope Scholarship Credit, and Lifetime Learning Credit ####

(1)In general **[**[26 U.S.C. 25A](/us/usc/t26/s25A)**]** Section 25A(g) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: > > #### “(8) Payee statement requirement > > Except as otherwise provided by the Secretary, no credit shall be allowed under this section unless the taxpayer receives a statement furnished under section 6050S(d) which contains all of the information required by paragraph

(2)thereof.” > . ####

(2)Statement received by dependent Section 25A(g)(3) of such Code is amended by striking “ and ” at the end of subparagraph (A), by striking the period at the end of subparagraph

(B)and inserting “ , and ”, and by adding at the end the following: > > ##### “(C) > > a statement described in paragraph

(8)and received by such individual shall be treated as received by the taxpayer.” > . ###

(b)Deduction for Qualified Tuition and Related Expenses Section 222(d) of such Code is amended by redesignating paragraph

(6)as paragraph (7), and by inserting after paragraph

(5)the following new paragraph: > > #### “(6) Payee statement requirement > > > ##### “(A) In general > > Except as otherwise provided by the Secretary, no deduction shall be allowed under subsection

(a)unless the taxpayer receives a statement furnished under section 6050S(d) which contains all of the information required by paragraph

(2)thereof. > > > ##### “(B) Statement received by dependent > > The receipt of the statement referred to in subparagraph

(A)by an individual described in subsection (c)(3) shall be treated for purposes of subparagraph

(A)as received by the taxpayer.” > . ###

(c)Information Required To Be Provided on Payee Statement **[**[26 U.S.C. 6050S](/us/usc/t26/s6050S)**]** Section 6050S(d)(2) of such Code is amended to read as follows: > > #### “(2) > > the information required by subsection (b)(2).” > . ###

(d)Effective Date **[**[26 U.S.C. 25A note](/us/usc/t26/s25A)**]** The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.

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26 USC 25A
26 USC 6050S

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Sec. 804

PAYEE STATEMENT REQUIRED TO CLAIM CERTAIN EDUCATION TAX BENEFITS

Cite26 USC 25A

Cite26 USC 6050S

Cites 2Cited by 0 across 0 sources