NY - Caregiver's Assistance Act (2009)

Bill would provide a refundable tax credit to taxpayers who provide care to a family member age 60 or older who lives with them. The credit amount is 20% of the first $2,400 spent by the taxpayer on behalf of a senior relative, plus $75 for any amount spent in excess of $240. The maximum credit is $555. The credit applies to taxpayers who earn less than $45,000, or $60,000 for joint filers. The bill also provides property tax exemptions for older adults whose caregiver lives with them.

State New York

Bill Number A. 2656/ S. 1574

Sponsor Assemblymember Englebright/ Senator Golden

Date of Introduction 1/21/2009

Latest Activity Stalled

More Info http://assembly.state.ny.us/leg/

Topic: Caregiver Tax Incentives