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A bill to amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses.

USA115th CongressS-3028| Senate 
| Updated: 6/7/2018
Amy Klobuchar

Amy Klobuchar

Democratic Senator

Minnesota

Cosponsors (4)
Mazie K. Hirono (Democratic)Dianne Feinstein (Democratic)Catherine Cortez Masto (Democratic)Tina Smith (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Americans Giving Care to Elders (AGE) Act of 2018 This bill amends the Internal Revenue Code to allow a tax credit for a portion of a taxpayer's expenses for eldercare. The credit applies to expenses to care for certain relatives or members of the taxpayer's household who have attained the age of 65 and require assistance with activities of daily living. Eldercare expense include amounts paid for: medical care, lodging away from home, adult day care, custodial care, respite care, assistive technologies and devices (including remote health monitoring), environmental modifications (including home modifications), and counseling or training for a caregiver. The amount of eldercare expenses incurred during any year that may be taken into account for the credit may not exceed $6,000.
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Timeline
Jun 7, 2018
Introduced in Senate
Jun 7, 2018
Read twice and referred to the Committee on Finance.
  • June 7, 2018
    Introduced in Senate


  • June 7, 2018
    Read twice and referred to the Committee on Finance.

Taxation

Adult day careAgingAllied health servicesHealth care costs and insuranceHealth technology, devices, suppliesHome and outpatient careIncome tax creditsResidential rehabilitation and home repair

A bill to amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses.

USA115th CongressS-3028| Senate 
| Updated: 6/7/2018
Americans Giving Care to Elders (AGE) Act of 2018 This bill amends the Internal Revenue Code to allow a tax credit for a portion of a taxpayer's expenses for eldercare. The credit applies to expenses to care for certain relatives or members of the taxpayer's household who have attained the age of 65 and require assistance with activities of daily living. Eldercare expense include amounts paid for: medical care, lodging away from home, adult day care, custodial care, respite care, assistive technologies and devices (including remote health monitoring), environmental modifications (including home modifications), and counseling or training for a caregiver. The amount of eldercare expenses incurred during any year that may be taken into account for the credit may not exceed $6,000.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 7, 2018
Introduced in Senate
Jun 7, 2018
Read twice and referred to the Committee on Finance.
  • June 7, 2018
    Introduced in Senate


  • June 7, 2018
    Read twice and referred to the Committee on Finance.
Amy Klobuchar

Amy Klobuchar

Democratic Senator

Minnesota

Cosponsors (4)
Mazie K. Hirono (Democratic)Dianne Feinstein (Democratic)Catherine Cortez Masto (Democratic)Tina Smith (Democratic)

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Adult day careAgingAllied health servicesHealth care costs and insuranceHealth technology, devices, suppliesHome and outpatient careIncome tax creditsResidential rehabilitation and home repair