JFC Approves private school tuition tax deduction - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

JFC Approves private school tuition tax deduction


MADISON (WKOW) -- The Joint Finance Committee approved a provision on Wednesday that would allow private school tuition to be tax deductible.

The deduction would begin in 2014 and would allow the new tax deduction for tuition expenses of up to $4,000 per year for elementary school students and $10,000 for each high school student.

It is expected to cost the state about $30 million.

In the past, Republicans have pushed for private school tuition tax credits to help all families in the state send their children to private school, not just those who qualify for the more generous vouchers.  The tax deduction proposal is not as generous as a tax credit would be for families.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WQOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's pubic inspection file should contact News Director Dan Schillinger at 715-852-5920. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.