Tue
Nov 19 2019
08:02 am
Tennessee’s education commissioner says the state’s new school vouchers for private education will be considered federally taxable income for parents.
...
The pro-voucher Tennessee Federation for Children disputes the tax interpretation.
The law says the vouchers “do not constitute income of a parent of a participating student” under Tennessee law. That doesn’t affect federal taxes.
This may be a surprise for parents come tax time.
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Reversing course, Tennessee’s
Reversing course, Tennessee’s Department of Education says school vouchers won’t be taxable.
They'll figure it out. Hopefully before time to file federal taxes.