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United States · Bill · S

S. 2759 (114th)

Credit for Caring Act of 2016

referredUnited States· United States Congress· EN

Introduced

7 April 2016

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

10 December 2025

Summary

Credit for Caring Act of 2016 This bill amends the Internal Revenue Code to allow an eligible caregiver a new tax credit for 30% of the cost of long-term care expenses that exceed $2,000, up to $3,000 in a taxable year. The bill defines "eligible caregiver" as an individual who pays or incurs expenses for providing care to a spouse or other dependent relative with long-term care needs and who has earned income for the taxable year in excess of $7,500.

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Documents

3 official files

Introduced in Senate (text)

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