Carmel, CA Family Caregivers May Soon Get A Tax Credit Of Up To $5K

A man and woman posing for the camera.


A bill which is working its way through both houses of Congress would give a much-needed financial break to 48 million family caregivers in America who struggle every day as they care for a loved one.  I know the feeling well, I cared for my grandmother in my own home over five years until she passed away just shy of her 98th birthday.  She had Alzheimer’s disease and was quite a handful.  However, it was very fulfilling personally to be able to be there as she struggled in her final years.  If you face a similar situation, please contact our local chapter of the Alzheimer’s Association in Ryan Ranch.  They have some wonderful people and there is also a 24-hour hotline where you can speak to someone compassionate when you are struggling at 800-272-3900.  Thankfully, The Credit for Caring Act which was introduced back in May in the U.S. Senate looks likely to pass, and it will give a tax credit of up to $5K to working family caregivers.  It would give eligible family members a 30% credit for qualified expenses above $2K, paying for things like home care aides, adult day care, respite care and home modifications like ramps and smart technology to make your home safer.

https://www.aarp.org/caregiving/financial-legal/info-2021/new-credit-for-caring-act.html