A bill to amend the Internal Revenue Code of 1986 to treat certain scholarships as earned income for purposes of the kiddie tax.
Tax Relief for Student Success Act
This bill treats certain scholarship or fellowship grants received by children as earned income of the child for the purposes of the kiddie tax (the tax on the unearned income of children). This has the effect of exempting the grants from such tax. The bill applies to taxable years beginning after December 31, 2017.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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