Well with two children in Phd programs I am hoping that this GOP tax plan fails.
There has been a lot of discussion of this in a thread in the parent forum. But YES. It is very problematic for PhD students. I sure hope it doesn’t pass. They are also taking away the Lifetime Learning credit, which will further inflate grad student federal taxes owed.
Thanks @intparent I woke up feeling helpless living in a red state in one of the reddest counties and really frustrated that my voice will probably not make a difference in how they vote for this. I will check out the parent forum!
Here is the thread where most of the discussion has been.
But if anyone is just coming to the subject through this thread, now is the time to speak up on this to your reps & senators. Your voice matters more than many of ours (blue state reps are already voting against it).
I’m definitely writing a letter to my Senators and Reps. I live in a really blue state (Washington) but I do want to encourage them to fight and fight hard. I wouldn’t have been able to get my doctoral degree at all with the kind of tax they’re pushing - I wouldn’t have been able to afford it.