arrow_back Trending Legislation
Share share

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 notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
To amend the Internal Revenue Code of 1986 to allow a refundable tax credit against income tax for certain healthcare professionals.
Print number: HR 3505
Sponsor: Rep. Higgins, Brian [D-NY-26]
Process start date: 2021-05-25