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IN SB0259
Bill
Status
1/9/2017
Primary Sponsor
Karen Tallian
Click for details
AI Summary
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Expands the income tax deduction for education expenses to include public schools in addition to private schools for dependent children.
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Allows a deduction of $1,000 per dependent child for unreimbursed education expenditures including tuition, fees, computer software, textbooks, workbooks, curricula, school supplies, and academic materials.
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Applies to enrollment, attendance, or participation in public school corporations (including charter schools) and nonpublic schools that satisfy Indiana's compulsory attendance requirements.
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Requires taxpayers to claim the deduction on their annual state tax return; married couples are entitled to only one combined deduction per household.
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Effective January 1, 2018, amending IC 6-3-2-22.
Legislative Description
Income tax deduction for public school expenses. Provides that the income tax deduction for education expenses for a dependent child is allowable for expenses made in connection with attendance at a public school. (Under current law, the tax deduction applies only to expenses made in connection with a private school program.)
Last Action
First reading: referred to Committee on Appropriations
1/9/2017