2015 US Code
Title 26 - Internal Revenue Code (Sections 1 - 9834)
Subtitle A - Income Taxes (Sections 1 - 1564)
Chapter 1 - Normal Taxes and Surtaxes (Sections 1 - 1400U-3)
Subchapter Y - Short-Term Regional Benefits (Sections 1400L - 1400U-3)
Part II - Tax Benefits for Go Zones (Sections 1400M - 1400T)
Sec. 1400O - Education tax benefits
| Publication Title | United States Code, 2012 Edition, Supplement 3, Title 26 - INTERNAL REVENUE CODE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 26 - INTERNAL REVENUE CODE Subtitle A - Income Taxes CHAPTER 1 - NORMAL TAXES AND SURTAXES Subchapter Y - Short-Term Regional Benefits PART II - TAX BENEFITS FOR GO ZONES Sec. 1400O - Education tax benefits |
| Contains | section 1400O |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Added Pub. L. 109-135, title I, §102(a), Dec. 21, 2005, 119 Stat. 2594; amended Pub. L. 110-172, §11(a)(26), Dec. 29, 2007, 121 Stat. 2487. |
| Statutes at Large References | 119 Stat. 2594 121 Stat. 2487 |
| Public and Private Laws | Public Law 109-135, Public Law 110-172 |
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In the case of an individual who attends an eligible educational institution (as defined in section 25A(f)(2)) located in the Gulf Opportunity Zone for any taxable year beginning during 2005 or 2006—
(1) in applying section 25A, the term "qualified tuition and related expenses" shall include any costs which are qualified higher education expenses (as defined in section 529(e)(3)),
(2) each of the dollar amounts in effect under subparagraphs (A) and (B) of section 25A(b)(1) shall be twice the amount otherwise in effect before the application of this subsection, and
(3) section 25A(c)(1) shall be applied by substituting "40 percent" for "20 percent".
(Added Pub. L. 109–135, title I, §102(a), Dec. 21, 2005, 119 Stat. 2594; amended Pub. L. 110–172, §11(a)(26), Dec. 29, 2007, 121 Stat. 2487.)
AMENDMENTS2007—Par. (2). Pub. L. 110–172 substituted "under" for "under of".
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