To amend the Internal Revenue Code of 1986 to treat certain amounts paid for physical activity, fitness, and exercise as amounts paid for medical care.
Personal Health Investment Today Act of 2021 or the PHIT Act of 2021
This bill allows a medical care tax deduction for up to $1,000 ($2,000 for a joint return or a head of household) of qualified sports and fitness expenses per year. The bill defines qualified sports and fitness expenses as amounts paid exclusively for participating in a physical activity, including (1) fitness facility memberships, (2) physical exercise or activity programs, or (3) equipment for a physical exercise or activity program.
Read twice and referred to the Committee on Finance. (text: CR S1647-1648)
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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