arrow_back Back to App

Tax Credit for Healthcare Professionals: $5,000 Refund

This bill introduces a new refundable tax credit of $5,000 for certain healthcare professionals. This means eligible medical specialists could receive this amount back, directly impacting their personal finances. The changes apply to tax years beginning after December 31, 2020.
Key points
Introduction of a $5,000 refundable tax credit for eligible healthcare professionals.
The credit applies to practitioners, certified nursing assistants, licensed practical nurses, registered professional nurses, and home health aides.
Changes are effective for tax years beginning after December 31, 2020, potentially offering financial benefits for the previous year.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_3505
Sponsor: Rep. Higgins, Brian [D-NY-26]
Process start date: 2021-05-25