Bill > HR9269

This bill, the IVF Access and Affordability Act, aims to amend the Internal Revenue Code to provide an income tax credit for fertility treatments, such as in vitro fertilization (IVF). The key provisions include: 1. Allowing eligible individuals (the taxpayer, their spouse, or a dependent) to claim a credit against their federal income tax for assisted reproductive technology expenses, up to $20,000 per year (or $40,000 for joint filers or surviving spouses). 2. Phasing out the credit for individuals with adjusted gross incomes above $200,000 (or $400,000 for joint filers or surviving spouses). 3. Allowing unused credits to be carried forward for up to 5 years. 4. Defining "assisted reproductive technology" in accordance with the Fertility Clinic Success Rate and Certification Act of 1992. 5. Prohibiting taxpayers from claiming the credit if another taxpayer has already claimed it for the same expenses, and preventing a double benefit by reducing any deductions or other credits claimed for the same expenses. The goal of this bill is to make fertility treatments more accessible and affordable for eligible taxpayers.