In vitro fertilization expenses credit

(a) In general Part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 25E the following new section: 25F. In vitro fertilization expenses (a) Credit allowed In the case of an individual, there shall be allowed as a credit against the tax imposed by this chapter the amount of the qualified in vitro fertilization expenses paid or incurred by the taxpayer during the taxable year. (b) Qualified in vitro fertilization expenses For purposes of this section, the term qualified in vitro fertilization expenses means amounts paid or incurred for medical care (as defined in section 213(d)) relating to in vitro fertilization for the taxpayer (or the taxpayer’s spouse, in the case of a joint return). (c) No double benefit Any qualified in vitro fertilization expense which would (but for this subsection) be taken into account for purposes of any deduction (or any credit other than the credit allowed under this section) shall be reduced by the amount of the credit allowed under subsection (a) with respect to such expense.. (b) Clerical amendment The table of sections for Part IV of subchapter A of chapter 1 of such Code is amended by inserting after the item relating to section 25E the following new item: Sec. 25F. In vitro fertilization expenses.. (c) Effective date The amendments made by this shall apply to amounts paid or incurred after the date of the enactment of this section.