H.R. 4057, The Teacher Tax Deduction Enhancement Act of 2007

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on November 7, 2007, 18:31:12, by webmaster:

H.R. 4057 would amend the Internal Revenue Code of 1986 to extend and expand the deduction for certain expenses of elementary and secondary school teachers.

Detailed Summary

Teacher Tax Deduction Enhancement Act of 2007 - Amends the Internal Revenue Code to: (1) extend until 2015 the tax deduction for certain expenses of elementary and secondary school educators (i.e., teachers, instructors, counselors, principals, or aides); (2) increase to $500 the allowable amount of such deduction for full-time educators (working at least 900 hours during the school year); and (3) allow such tax deduction for educators in preschool programs.

Status of the Legislation

Latest Major Action: 11/1/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.

Points in Favor

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Points Against

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