HOUSE 3321117th CongressReferred to the House Committee on Ways and Means.
Credit for Caring Act of 2021
- Last Action
- 5/18/2021
Actions
- 2021-05-18Referred to the House Committee on Ways and Means.
- 2021-05-18Introduced in House
- 2021-05-18Introduced in House
CRS Summary
As of 2021-05-18 (00)
Credit for Caring Act of 2021
This bill allows an eligible caregiver a tax credit of up to $5,000 for 30% of the cost of long-term care expenses that exceed $2,000 in a taxable year. The bill defines eligible caregiver as an individual who has earned income for the taxable year in excess of $7,500 and pays or incurs expenses for providing care to a spouse or other dependent relative with long-term care needs.
Cosponsors (20)
- Tom Reed (R-NY)
- ELEANOR NORTON (D-DC)
- Jefferson Van Drew (R-NJ)
- Maria Salazar (R-FL)
- JANICE SCHAKOWSKY (D-IL)
- Lois Frankel (D-FL)
- Jahana Hayes (D-CT)
- Susan Wild (D-PA)
- Terri Sewell (D-AL)
- Brian Higgins (D-NY)
- Thomas Suozzi (D-NY)
- Andy Levin (D-MI)
- Mike Levin (D-CA)
- Marilyn Strickland (D-WA)
- J. Correa (D-CA)
- EDDIE JOHNSON (D-TX)
- Brian Fitzpatrick (R-PA)
- Jake Auchincloss (D-MA)
- JAMES COOPER (D-TN)
- ZOE LOFGREN (D-CA)
Subjects
- Health care costs and insurance
- Income tax credits
- Long-term, rehabilitative, and terminal care
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.