26 U.S.C. § 139K — Scholarships for qualified elementary or secondary education expenses of eligible students

submitted 1 year ago by Pub. L. 119-21 to r/title-26-INTERNAL-REVENUE-CODE · 78 words · no verdicts yet

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Scholarship money that a qualifying organization gives to cover K-12 school expenses for an eligible student is not taxed as income, whether it goes to the student or a family member who claims them as a dependent.

This section keeps certain K-12 scholarship money out of taxable income. (a) In general. If a "scholarship granting organization" gives money to a person, or to that person's dependent, to cover "qualified elementary or secondary education expenses" of an "eligible student," that money is not counted as taxable income. (b) Definitions. The terms "qualified elementary or secondary education expense," "eligible student," and "scholarship granting organization" all mean whatever they mean under section 25F(c).

the actual law source: uscode.house.gov ↗public domain

(a) In general

In the case of an individual, gross income shall not include any amounts provided to such individual or any dependent of such individual pursuant to a scholarship for qualified elementary or secondary education expenses of an eligible student which is provided by a scholarship granting organization.

(b) Definitions

In this section, the terms “qualified elementary or secondary education expense”, “eligible student”, and “scholarship granting organization” have the same meaning given such terms under section 25F(c).

Source credit: (Added Pub. L. 119–21, title VII, § 70411(b)(1), July 4, 2025, 139 Stat. 217.)

history & why it existsrecord from the source credit

2025Enacted · Pub. L. 119-21 · 139 Stat. 217

A history note hasn’t been published yet. The record shows enactment by Pub. L. 119-21 on 2025-07-04.

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