A bill to amend the Internal Revenue Code of 1954 to remove the income limitation on the deduction for household and dependent care services necessary for gainful employment and to make such deduction an adjustment to gross income.

Revises the Internal Revenue Code to terminate the $18,000 adjusted gross income limitation on the deduction for household and dependent care services necessary for gainful employment.

Directs the Secretary of the Treasury to prescribe by regulation that such deduction be allowed as an adjustment to gross income on the Form 1040A optional return.