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Search Results: keywords:"income tax credit"

  • H.R. 9333, titled the "IVF for Families Act," proposes an amendment to the Internal Revenue Code of 1986 to introduce a tax credit for expenses related to certain fertility treatments. This bill aims to help individuals by providing a credit of up to $15,000 per year for qualified fertility...

    Simple Explanation

    The "IVF for Families Act" is a new plan that gives people money back on their taxes to help pay for treatments that help them have babies. This plan lets people get back up to $15,000 each year for certain medical treatments to help with having a baby.

  • The H.R. 9269 bill aims to amend the Internal Revenue Code to offer an income tax credit for expenses related to fertility treatments. The credit allows eligible individuals to receive up to $20,000 per year, with a special provision increasing the limit to $40,000 for joint...

    Simple Explanation

    The H.R. 9269 bill is like giving back some money to people who need help paying for baby-making treatments. People who qualify can get up to $20,000 each year, or $40,000 if they're married, but they can't make too much money, and the rules can be a bit tricky.

  • H.R. 8095 is a bill that seeks to amend the Internal Revenue Code of 1986 to extend the energy credit for electrochromic glass. Electrochromic glass is a type of glass that can change its light transmission properties using electricity, helping to heat or cool a building....

    Simple Explanation

    H.R. 8095 makes it so people can save money on taxes when they put special glass in buildings that can change how much light and heat goes through it. This helps buildings use less energy, and people can get the savings if they start building with this glass by the end of 2032.