HB2065: Income tax, state; create tax deduction for teaching materials.
Legislative Summary
Income tax deduction; teaching materials. Creates a tax deduction beginning taxable year 2023 for up to $500 of teaching materials purchased by a licensed teacher and used to teach Virginia students enrolled in a public institution of higher education as defined in the Code. Income tax deduction; teaching materials. Creates a tax deduction beginning taxable year 2023 for up to $500 of teaching materials purchased by a licensed teacher and used to teach Virginia students enrolled in a public institution of higher education as defined in the Code.
Demographic Impact
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