Qualified tuition expenses and education tax credits
The U.S. Treasury Department and IRS today released a notice [PDF 169 KB] reopening the comment period for proposed regulations (REG-131418-14) originally published in August 2016 providing guidance on the reporting requirements for qualified tuition and related expenses under section 6050S, as well as proposed amendments to the regulations on the education tax credits under section 25A.
The comment period for the proposed regulations is reopened, and comments must be received by April 26, 2024.
Ruth Madrigal | ruthmadrigal@kpmg.com
Preston Quesenberry | pquesenberry@kpmg.com