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The Student and Family Tax Simplification Act () is a bill that would amend the Internal Revenue Code to consolidate several different education tax incentives into an expanded American Opportunity Tax Credit.〔 The American Opportunity Tax Credit, under this legislation, would provide a maximum credit of $2,500. The bill was introduced in to the United States House of Representatives during the 113th United States Congress. ==Provisions of the bill== ''This summary is based largely on the summary provided by the Congressional Research Service, a public domain source.''〔(【引用サイトリンク】url=https://beta.congress.gov/bill/113th-congress/house-bill/3393 )〕 The Student and Family Tax Simplification Act would amend the Internal Revenue Code to provide for an American Opportunity Tax Credit, in lieu of the current Hope Scholarship and Lifetime Learning tax credits and the tax deduction for qualified tuition and related expenses, that provides for each eligible student (i.e., a student who meets certain requirements of the Higher Education Act of 1965 and who is carrying at least 1/2 the normal full-time course load) a credit of 100% of up to $2,000 of qualified tuition and related expenses (i.e., tuition, fees, and course materials, excluding expenses for courses involving sports, games, or hobbies or for expenses unrelated to academic instruction), plus 25% of so much of such expenses as exceeds $2,000, but not more than $4,000. Makes up to $1,500 of such credit refundable. Modifies the phaseout of such credit based on taxpayer modified adjusted gross income by increasing the income level for such phaseout. Allows an inflation adjustment to credit and phaseout amounts for taxable years beginning after 2018.〔 The bill would eliminate the disallowance of the credit for students who have been convicted of a felony drug offense.〔 The bill would require a taxpayer claiming such credit to include on the taxpayer's tax return the employer identification number of the educational institution to which qualified tuition and related expenses were paid.〔 The bill would exclude from gross income, for income tax purposes, amounts received as a Federal Pell Grant in taxable years beginning after 2014.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Student and Family Tax Simplification Act」の詳細全文を読む スポンサード リンク
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