HR 3321 · 117th Congress

Credit for Caring Act of 2021

<p><strong>Credit for Caring Act of 2021</strong></p> <p>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 <em>eligible caregiver</em> as an individual who has earned income for the taxable year i…

Sponsor

Sánchez, Linda T. (D-CA)

Introduced

2021-05-18

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.