H.R. 9076 — Introduced in House

I 117th CONGRESS 2d Session H. R. 9076 IN THE HOUSE OF REPRESENTATIVES September 29, 2022Ms. Schrier (for herself and Mr. Meijer) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to allow parents pursuing a higher education degree to take the tax credit for expenses for household and dependent care services. 1. Short title This Act may be cited as the Tax Credit for Student Parents Act. 2. Part-time students allowed to take credit for expenses for household and dependent care services (a) In general Section 21 of the Internal Revenue Code of 1986 is amended— (1) in the heading, by inserting or education after gainful employment, (2) by striking employment-related expenses each place it appears and inserting employment- and education-related expenses, and (3) in subsection (b)(2)— (A) in the heading, by striking employment-related expenses and inserting employment- and education-related expenses, and (B) in subparagraph (A), by striking gainfully employed and inserting gainfully employed or a student. (b) Rules related to students (1) Definition Section 21(e)(7) of such Code is amended to read as follows: (7) Student The term student means an individual who during each of 5 calendar months during the taxable year is carrying at least ½ the normal full-time work load for the course of study such individual is pursuing at an educational organization. . (2) Special rule for students and individuals incapable of caring for themselves Section 21(d)(2) of such Code is amended to read as follows: (3) Special rule for students and individuals incapable of caring for themselves For purposes of paragraph (1), if a spouse is a student or a qualifying individual described in subsection (b)(1)(C), or if an unmarried individual is a student, such spouse or unmarried individual shall be deemed for each month during which such spouse or unmarried individual satisfies the ½-time requirement of subsection (e)(7), or during which such spouse is such a qualifying individual, to be gainfully employed and to have earned income of not less than— (A) $250 if subparagraph (c)(1) applies for the taxable year, or (B) $500 if subparagraph (c)(2) applies for the taxable year. . (c) Effective date The amendments made by this section shall apply with respect to taxable years beginning after December 31, 2022.