SB657 amends California's Personal Income Tax Law to align with federal tax code changes regarding long-term qualified tuition programs.
SB657 modifies California's Personal Income Tax Law to conform with federal tax code changes affecting long-term qualified tuition programs. The bill aligns state tax treatment with federal provisions, particularly those related to distributions from these programs, ensuring consistency and simplifying tax return preparation for affected taxpayers. It specifies that certain distributions from these programs will not be included in gross income, aligning with federal rules.
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