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$2,000 Tax Credit for Caregivers in Multigenerational Homes.

This bill establishes a new $2,000 annual tax credit for individuals who provide care for elderly, dependent relatives living in the same household. The goal is to financially support multigenerational families and encourage home-based care. To qualify, the caregiver must live with the relative (age 55+) for at least six months and provide a minimum of 10 hours of assistance weekly.
Key points
New tax credit: $2,000 annually for each qualifying relative receiving care (up to two relatives maximum).
Co-residence requirement: The caregiver must live with the relative (age 55+) needing substantial assistance for at least 6 months per year.
Income limitations: The credit is phased out if Adjusted Gross Income exceeds $75,000 (single) or $150,000 (joint filers).
Medical documentation required: A licensed health care provider must attest that the relative needs significant help with daily activities.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_3295
Sponsor: Sen. Welch, Peter [D-VT]
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to amend the Internal Revenue Code of 1986 to establish a credit for adult child caregivers.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3295.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

What are the main provisions?

Key points include:

  • New tax credit: $2,000 annually for each qualifying relative receiving care (up to two relatives maximum).
  • Co-residence requirement: The caregiver must live with the relative (age 55+) needing substantial assistance for at least 6 months per year.
  • Income limitations: The credit is phased out if Adjusted Gross Income exceeds $75,000 (single) or $150,000 (joint filers).
  • Medical documentation required: A licensed health care provider must attest that the relative needs significant help with daily activities.
What is the specific legal status?

The current status is Introduced.

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. Welch, Peter [D-VT].

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 2025-12-23.

CATEGORIES

Taxes Family