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Indiana General Assembly
House Bill 1235


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House Bill 1235

ARCHIVE (2008)

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Deduction for postsecondary tuition. Provides a deduction to an individual in each taxable year for qualified tuition and related expenses paid by the individual during the taxable year. Limits the amount of the deduction to $4,000 per taxable year for an individual filing a single return and $8,000 per taxable year for a couple filing a joint return. Provides for a lifetime limit of $20,000 of deductions for qualified tuition and related expenses per individual for all taxable years.
Current Status:
 In Committee - first House
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