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Tax Credit for Family Caregivers: Financial Support for Caregiving

This new law introduces a tax credit for working individuals who provide care for family members with long-term needs. It allows them to recover a portion of their caregiving expenses, potentially easing financial burdens. The aim is to provide financial support to those dedicating their time and resources to caring for loved ones.
Key points
You can receive a credit of 30% of qualified caregiving expenses exceeding $2,000, up to a maximum of $5,000 per year.
The credit applies to care for a spouse or relative with long-term needs, certified by a licensed health care practitioner for at least 180 days.
Qualified expenses include human assistance, equipment, home modifications, transportation, and even lost wages due to caregiving.
To be eligible, you must have earned income over $7,500 annually, and the credit will be gradually reduced for higher earners (above $75,000 for single filers, $150,000 for joint filers).
The law takes effect for tax years beginning after December 31, 2024.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_925
Sponsor: Sen. Capito, Shelley Moore [R-WV]
Process start date: 2025-03-11
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

Credit for Caring Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_925.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-11.

What are the main provisions?

Key points include:

  • You can receive a credit of 30% of qualified caregiving expenses exceeding $2,000, up to a maximum of $5,000 per year.
  • The credit applies to care for a spouse or relative with long-term needs, certified by a licensed health care practitioner for at least 180 days.
  • Qualified expenses include human assistance, equipment, home modifications, transportation, and even lost wages due to caregiving.
  • To be eligible, you must have earned income over $7,500 annually, and the credit will be gradually reduced for higher earners (above $75,000 for single filers, $150,000 for joint filers).
  • The law takes effect for tax years beginning after December 31, 2024.
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. Capito, Shelley Moore [R-WV].

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 Health