Tue
Nov 19 2019
07:02 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.

bizgrrl's picture

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.

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