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Tax Credit for Elder Care: Support for Families

This new law introduces a tax credit for individuals incurring eldercare expenses for their family members. Citizens can now recover a portion of costs related to medical care, adult day services, or home modifications for seniors, potentially easing their financial burden.
Key points
Allows a tax credit of up to 20% of eldercare expenses, with a maximum of $6,000 per year.
Eligible expenses include medical care, adult day services, personal care, assistive technologies, and home modifications.
To qualify, the elder must be at least 65 years old and require assistance with daily living activities.
The credit amount decreases for taxpayers with adjusted gross incomes exceeding $120,000 annually.
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Additional Information
Print number: 117_S_234
Sponsor: Sen. Klobuchar, Amy [D-MN]
Process start date: 2021-02-04
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Americans Giving Care to Elders (AGE) Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_234.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-02-04.

What are the main provisions?

Key points include:

  • Allows a tax credit of up to 20% of eldercare expenses, with a maximum of $6,000 per year.
  • Eligible expenses include medical care, adult day services, personal care, assistive technologies, and home modifications.
  • To qualify, the elder must be at least 65 years old and require assistance with daily living activities.
  • The credit amount decreases for taxpayers with adjusted gross incomes exceeding $120,000 annually.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Klobuchar, Amy [D-MN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Family Health