Affordable Youth Enrichment Opportunities Act

The Affordable Youth Enrichment Opportunities Act creates a new tax deduction allowing individuals to claim up to $5,000 for expenses related to youth programs for dependents under age 19. These eligible programs include tutoring, academic enrichment, athletics, and the arts, covering costs such as fees, equipment, and digital platform access. The deduction is subject to income limits, phasing out for taxpayers with modified adjusted gross income exceeding $100,000 to $200,000 depending on filing status, and cannot be claimed if the dependent is already claimed by another taxpayer. The provision applies to taxable years beginning after December 31, 2026, with the dollar amounts subject to inflation adjustments after 2027.