Host an Exchange Student, Get a Bigger Tax Break?

Tuesday, October 30, 2007
Todd Epp in Education, Tim Johnson

I didn't know foreign exchange student host families got any tax break for being so nice.  Sen. Tim Johnson wants to increase the tax break.

From GovTrack.us:

Bill Action: Introduced: S. 2252: A bill to amend the Internal Revenue Code of 1986 to increase the deduction for host... Sen. Tim Johnson [D-SD] introduced S. 2252: A bill to amend the Internal Revenue Code of 1986 to increase the deduction for host families of foreign exchange and other students from $50 per month to $200 per month, and for other purposes.

Technorati Tags: tax breaks, taxes, income tax. Sen. Tim Johnson, foreign exchange students, host families, South Dakota

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Article originally appeared on S.D. Watch (http://thunewatch.squarespace.com/).