Provides gross income tax credit to certain taxpayers who pay for certain in-home services through health care service firm.

Summary

The bill gives a credit equal to 20 % of out‑of‑pocket expenses for in‑home companion, health‑care, or personal‑care services provided through a registered health‑care service firm. It applies only to taxpayers earning less than $150,000 who are permanently disabled or 65 years or older, and it excludes costs reimbursed by insurance. The credit is refundable if it exceeds the taxpayer’s liability.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share