New York A00485 provides a personal income tax credit for parents who home school their children, up to $2,400 per year.

New York A00485 amends the state's tax law to establish a personal income tax credit for parents who home school their children. The credit is equal to the cost of learning materials purchased for home school purposes during the taxable year, up to a maximum of $2,400. Learning materials include textbooks, workbooks, supplemental reading material, videos, and software. If the credit exceeds the taxpayer's tax for the year, the excess is treated as an overpayment of tax to be credited or refunded.

New York A00485 provides a personal income tax credit for parents who home school their children, up to $2,400 per year.

New York A00485 amends the state's tax law to establish a personal income tax credit for parents who home school their children. The credit is equal to the cost of learning materials purchased for home school purposes during the taxable year, up to a maximum of $2,400. Learning materials include textbooks, workbooks, supplemental reading material, videos, and software. If the credit exceeds the taxpayer's tax for the year, the excess is treated as an overpayment of tax to be credited or refunded.