New Jersey A1445 offers a gross income tax credit of up to $500 for taxpayers using high impact tutoring.
New Jersey A1445 provides a gross income tax credit of up to $500 for taxpayers who use high impact tutoring. High impact tutoring is defined as tutoring that has demonstrated significant gains in student learning through research or proven to accelerate learning. The credit can be claimed for the taxable year during which the tutoring is utilized and is refundable if the taxpayer has no tax liability. The credit is awarded for the taxable year in which the tutoring is used.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.