To amend the Internal Revenue Code of 1986 to extend for one year the above-the-line deduction for qualified tuition and related expenses.

Bill: 113-hr-3943
Sponsor: full_name: Rep. Grayson, Alan [D-FL-9]
Introduced: 2014-01-28
Policy area: Taxation
Subjects: Higher education

Income tax deductions

Student aid and college costs
Latest action: action_date: 2014-01-28
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2014-01-28
action_desc: Introduced in House
text: <p>Amends the Internal Revenue Code to extend through 2014 the tax deduction&nbsp;for qualified tuition and related expenses. </p>

tv_txt: I 113th CONGRESS 2d Session H. R. 3943 IN THE HOUSE OF REPRESENTATIVES January 28, 2014 Mr. Grayson introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to extend for one year the above-the-line deduction for qualified tuition and related expenses.

1. Extension of above-the-line deduction for qualified tuition and related expenses (a) In general Subsection (e) of section 222 of the Internal Revenue Code of 1986 is amended by striking December 31, 2013 and inserting December 31, 2014 . (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2013.