H.R. 6237 · 110th Congress

Tax Relief for Long-Term Care Act of 2008

Stage
In committee
Introduced
2008-06-11
Latest action
2008-06-11 · Introduced in House

Summary

Tax Relief for Long-Term Care Act of 2008 - Amends the Internal Revenue Code to allow a tax credit for long-term care insurance premiums and for care provided by a caregiver to a family member or dependent with long-term care needs who resides with such caregiver. Phases in a maximum credit amount of $3,000 between 2009 and 2013. Reduces such credit amount for a taxpayer whose adjusted gross income exceeds $75,000 ($150,000 in the case of a joint return).