Age with Dignity Act (Caregiver Tax Credit)

Also relevant to:Caregiver (family or unpaid)

Where it is in the process

Plain-English Summary

This bill creates a new tax credit for individuals who care for adult dependents. If passed, taxpayers with adjusted gross incomes below certain limits could receive a credit of $12,000 for each qualifying relative, or $15,000 if the relative is a veteran. This change would apply to tax years starting on or after January 1, 2025.

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