Treasury lays groundwork for federal school choice program with up to $3,400 tax credit for married couples
Washington Examiner · RC · trust 62/100
The Treasury Department laid the groundwork on Thursday for the nation’s first federal school choice program, allowing married couples to receive tax credits of up to $3,400 for donations that fund K-12 scholarships. The proposed regulations would implement the Education Freedom Tax Credit beginning Jan. 1. Individual taxpayers could receive a dollar-for-dollar, nonrefundable federal income […]
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