KY - Elder Care Income Tax Credit (2007)
Bill would allow family caregivers to receive a nonrefundable "elder care" income tax credit based on a percentage of their income. Qualified caregivers must be related to the care recipient by blood, marriage or adoption and must have lived with the care recipient for at least months during the taxable year. Care recipients must be 60 years or older and have an annual income less then $20,000.
Bill Number H.B. 257
Date of Introduction 2/6/2007
Latest Activity Bill did not pass in the Legislative session.
More Info http://www.lrc.ky.gov/legislation.htm
Topic: Caregiver Tax Incentives