Page:United States Statutes at Large Volume 100 Part 2.djvu/365

 PUBLIC LAW 99-498—OCT. 17, 1986

100 STAT. 1467

"Percentages for Computation of State and Other Tax Allowance—Continued And student's total income is— If student's State or territory of residence is—

less than $15,000

$15,000 or more

then the percentage is— New York.

14

13

"(3) ALLOWANCE FOR SOCIAL SECURITY TAXES.—The allowance

for social security taxes is equal to the amount earned by the student and the student's spouse multiplied by the social security withholding rate appropriate to the tax year of the earnings, up to the maximum statutory social security tax withholding amount for that same tax year. "(4) STANDARD MAINTENANCE ALLOWANCE.—The

standard

maintenance allowance is the amount of reasonable living expenses that would be associated with the maintenance of an individual or family. The standard maintenance allowance is determined by the following table (or a successor table prescribed by the Secretary under section 479): "Standard Maintenance Allowance Number in college

Family size (including student) 2 « » •

"

4 "•

5

6 For each additional add:

1

2

3

4

5

$8,380 10,440 12,890 15,210 17,790

$6,950 9,010 11,460 13,780 16,360

$7,580 10,030 12,350 14,930

$8,600 10,920 13,500

$8,490 12,070

2,010

2,010

2,010

2,010

For each additional subtract:

2,010

1,430

"(5) EMPLOYMENT EXPENSE ALLOWANCE.—The employment expense allowance is determined as follows: "(A) If both the student and a spouse were employed in the year for which their income is reported and both have ^ their incomes reported in determining the expected family contribution, such allowance is equal to the lesser of $2,000 or 35 percent of the earned income of the student or spouse with the lesser earned income. "(B) If a student qualifies as a head of household as defined in section 2 of the Internal Revenue Code, such 26 USC 2. allowance is equal to the lesser of $2,100 or 35 percent of his or her earned income. For any award year after award year 1987-1988, this paragraph shall be applied by increasing the dollar amount specified in subparagraphs (A) and (B) to reflect increases in the amount and percent of the Bureau of Labor Standards budget of the marginal costs for meals away from home, apparel and upkeep, transportation, and housekeeping services for a two-worker versus one-worker family. "(6) MEDICAL-DENTAL EXPENSE ALLOWANCE.—The medical-

dental expense allowance is equal to the amount by which the sum of unreimbursed medical and dental expenses, including

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