arrow_back Back to App

Tax Credit for Household and Elder Care Services

A new bill proposes a tax credit for individuals who incur expenses for household and elder care services to enable them to work. This aims to provide financial relief to citizens balancing employment with caregiving responsibilities, reducing their tax burden.
Key points
Allows a tax credit of up to 35% for expenses related to household and elder care services, if necessary for gainful employment.
The maximum amount of expenses eligible for the credit is $3,000 for one qualifying individual and $6,000 for two or more.
The credit applies to care for individuals aged 50 or older who are close relatives or meet criteria for a dependent unable to care for themselves.
Identifying information for the service provider and the qualifying individual must be provided to claim the credit.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_3707
Sponsor: Rep. Lee, Barbara [D-CA-12]
Process start date: 2023-05-25
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

To amend the Internal Revenue Code of 1986 to provide a tax credit for expenses for household and elder care services necessary for gainful employment.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_3707.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-05-25.

What are the main provisions?

Key points include:

  • Allows a tax credit of up to 35% for expenses related to household and elder care services, if necessary for gainful employment.
  • The maximum amount of expenses eligible for the credit is $3,000 for one qualifying individual and $6,000 for two or more.
  • The credit applies to care for individuals aged 50 or older who are close relatives or meet criteria for a dependent unable to care for themselves.
  • Identifying information for the service provider and the qualifying individual must be provided to claim the credit.
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 Rep. Lee, Barbara [D-CA-12].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Taxes Family