Lee Federal Credit Union •   Washington DC

The Taxpayer Relief Act of 1997 (TRA-97)

$500 per Child Tax Credit
Education
Individual Retirement Accounts
Capital Gains
Small Business
Estate and Gift Tax

Information furnished herein is based on documents made available by the United States Congress. Readers are urged to
consult appropriate professionals of their
own choosing in dealing with their
specific situations.

Summary

The Taxpayer Relief Act of 1997
(TRA-97)
changes the incentives
that individuals and corporations
face to pay for college education,
to save and invest, and to work.

It also alter the tax burdens on
various types of taxpayers at
various income levels.