H.R. 2730 · 116th Congress
Credit for Caring Act of 2019
- Stage
- In committee
- Sponsor
- Linda Sánchez
- Introduced
- 2019-05-14
- Latest action
- 2019-05-14 · Introduced in House
Summary
Credit for Caring Act of 2019
This bill allows an eligible caregiver a tax credit of up to $3,000 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.