AUCD signed onto a Letter in Support of the Credit for Caring Act of 2016

July 6, 2016


pdf File Credit for Caring Act of 2016.pdf (182KB) [download]

AUCD signed onto a letter in support of the Credit for Caring Act of 2016, which amends the Internal Revenue Code of 1986 by adding a nonrefundable tax credit for working family caregivers. The credit amounts to 30% of the cost-term care expenses that are between $2,000 and $3,000 in a year. To be eligible for the tax credit, caregivers must pay or incur expenses for providing care to a dependent relative with long-term care needs who has earned more than $7,500 for the taxable year. A licensed health provider must certify caregivers. 

If passed, this tax credit would reduce financial pressure placed upon families who provide home care for dependents with a disability, and could be used to handle expenses related to assistive technology, respite care, and home care aids.