1. Short title
This Act may be cited as the “Tax Relief for Student Success Act”.
Tax Relief for Student Success Act
A BILL
To amend the Internal Revenue Code of 1986 to treat certain scholarships as earned income for purposes of the kiddie tax.
2. Certain scholarships treated as earned income for kiddie tax
In general— Section 1(g)(4) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph:
“(D) Treatment of certain scholarships—For purposes of this subsection, any scholarship or fellowship grant which—
“(i) is received by a child who is a candidate for a degree at an educational organization described in section 170(b)(1)(A)(ii),
“(ii) supports such candidacy, and
“(iii) is included in the gross income of such child,”
Effective date— The amendment made by this section shall apply to taxable years beginning after December 31, 2017.