California SB785 provides a tax credit for families with children who have complex medical conditions and need durable medical equipment.

California SB785 introduces a tax credit for families with children under 18 who have complex medical conditions. The credit covers up to 50% of the cost of durable medical equipment, up to $5,000 per qualifying dependent per year. This credit aims to alleviate the financial burden on families who face significant out-of-pocket costs for medically necessary equipment, such as wheelchairs and ventilators. The credit can be carried over if it exceeds the net tax, and it will be in effect until December 1, 2031.

California SB785 provides a tax credit for families with children who have complex medical conditions and need durable medical equipment.

California SB785 introduces a tax credit for families with children under 18 who have complex medical conditions. The credit covers up to 50% of the cost of durable medical equipment, up to $5,000 per qualifying dependent per year. This credit aims to alleviate the financial burden on families who face significant out-of-pocket costs for medically necessary equipment, such as wheelchairs and ventilators. The credit can be carried over if it exceeds the net tax, and it will be in effect until December 1, 2031.