Summary: H.R.2672 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.2672. Bill summaries are authored by CRS.

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Introduced in House (06/12/2007)

Real Access to College Education Act of 2007 - Amends the Internal Revenue Code to allow individual taxpayers (and their spouses if a joint return is filed) a tax deduction from gross income for post-secondary educational expenses, including tuition and related expenses and room and board. Limits the annual amount of such deduction to $13,150, subject to an adjustment based on the taxpayer's modified adjusted gross income.