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Bill > S2150


NJ S2150

NJ S2150
Provides $3,000 gross income tax deduction for certain taxpayers providing home care for an elderly relative.


summary

Introduced
03/07/2022
In Committee
06/23/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill provides a $3,000 deduction from gross income for New Jersey taxpayers who provide more than one-half of the support of a relative, at least 70 years of age, who lives in the taxpayer's home for at least six months of the taxable year. To qualify for this deduction the gross income of a taxpayer filing an individual return may not exceed $35,000 and the gross income of a taxpayer filing a joint return may not exceed $50,000.

AI Summary

This bill provides a $3,000 deduction from gross income for New Jersey taxpayers who provide more than one-half of the support of a relative, at least 70 years of age, who lives in the taxpayer's home for at least six months of the taxable year. To qualify for this deduction, the gross income of a taxpayer filing an individual return may not exceed $35,000, and the gross income of a taxpayer filing a joint return may not exceed $50,000.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (2)

Last Action

Referred to Senate Budget and Appropriations Committee (on 06/23/2022)

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