H.R. 5814 · 115th Congress

Educators Expense Deduction Modernization Act

Stage
In committee
Introduced
2018-05-15
Latest action
2018-05-15 · Introduced in House

Summary

Educators Expense Deduction Modernization Act

This bill amends the Internal Revenue Code, with respect to the deduction from gross income for certain expenses of elementary and secondary school teachers, to: (1) increase from $250 to $500 the annual limit on the expenses that may be deducted, and (2) require the limit to be adjusted for inflation after 2019.