Selected federal internal revenue code provisions pertaining to education

Lyke, Bob (Author)

1985

Abstract -- Introduction -- Child and Dependent Care Expenses -- Prizes and Awards -- Interest on State and Local Obligations -- Discharge of Student Load Indebtedness -- Scholarships and Fellowship Grants -- Qualified Tuition Reductions -- Employer Education Assistance -- Extension of Dependent's Exemption for Student -- Payments for Taxes -- Contributions of Scientific Equipment -- Maintenance for Students Living in Household -- School Employees' Annuities -- Income from Debt-Financed Property.

The Federal Internal Revenue Code has a number of provision pertaining to education. Some of these provisions refer explicitly to "educational institution" or "student" or the like, while others without such references still have implications for education. This report provides summaries of certain of these provisions, short legislative histories, data on how they affect education, tax expenditure revenue loss estimates, and mention of how they would be affected by President Reagan's May 1985, tax reform proposals.

Bob Lyke, Specialist in Education, Education and Public Welfare Division

CRS 85-1003 EPW

"October 16, 1985."

SuDoc # LC 14. 18/3

eng

46 pages

book

text