Pennsylvania HB2753 provides a tax credit for youth activity participation expenses.

HB2753 amends the Tax Reform Code of 1971 to introduce a tax credit for Pennsylvania resident taxpayers with a qualified child under 18 years old. The credit covers expenses related to qualified youth activities, such as practices, lessons, and training. Each qualified child can receive a credit of up to $2,000 per taxable year, with no refunds or carryover allowed. The credit applies to taxable years beginning after December 31, 2026.

Pennsylvania HB2753 provides a tax credit for youth activity participation expenses.

HB2753 amends the Tax Reform Code of 1971 to introduce a tax credit for Pennsylvania resident taxpayers with a qualified child under 18 years old. The credit covers expenses related to qualified youth activities, such as practices, lessons, and training. Each qualified child can receive a credit of up to $2,000 per taxable year, with no refunds or carryover allowed. The credit applies to taxable years beginning after December 31, 2026.