Bill > SB00321

This bill proposes to establish a caregiver tax credit of $500 against the personal income tax for taxpayers who provide financial support to senior family members. Specifically, the tax credit would be available to individuals with a federal adjusted gross income of $200,000 or less (for single filers) or $400,000 or less (for married couples filing jointly) who pay expenses for the care and support of a family member who is either 50 years or older and receiving Social Security disability benefits, or 60 years or older. The purpose of this tax credit is to provide financial relief to individuals who are supporting aging or disabled family members, recognizing the significant economic and personal responsibilities that caregiving entails. By offering a tax credit, the bill aims to ease the financial burden on those providing essential care to seniors within their family.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00321&which_year=2025