NY- Caregiver's Assistance Act (2011)

This bill establishes a personal income tax credit equal to 20% of qualified care expenses on a qualifying senior family member, up to $2,400 per taxable year. Bill also authorizes an exemption on a pro-rated basis for property owners where a senior residing with a taxpayer would otherwise meet the eligibility requirements (except for ownership requirements).

State New York

Bill Number AB 3849

Sponsor Assemblymember Englebright

Date of Introduction 1/28/2011

Latest Activity 1/28/2011 Introduced and referred to Committee on Assembly Ways and Means

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

Topic: Caregiver Tax Incentives