Iowa SF379 creates a tax deduction for educational expenses at higher education institutions and apprenticeship programs.

Iowa SF379 introduces a tax deduction for educational expenses at institutions of higher education for career-related programs and apprenticeship programs. The deduction applies to tuition, fees, books, supplies, and equipment. Payments made from the Iowa education savings plan or similar plans do not qualify for this deduction. The bill defines "apprenticeship program," "expenses," and "institution of higher education." It applies retroactively to tax years beginning on or after January 1, 2025.

Iowa SF379 creates a tax deduction for educational expenses at higher education institutions and apprenticeship programs.

Iowa SF379 introduces a tax deduction for educational expenses at institutions of higher education for career-related programs and apprenticeship programs. The deduction applies to tuition, fees, books, supplies, and equipment. Payments made from the Iowa education savings plan or similar plans do not qualify for this deduction. The bill defines "apprenticeship program," "expenses," and "institution of higher education." It applies retroactively to tax years beginning on or after January 1, 2025.