Establishes a tax credit against personal income tax for Medicare and Medicare Advantage premiums.
The bill amends the general statutes to create a tax credit for premiums paid by taxpayers for Medicare and Medicare Advantage plans. This credit is applied against the personal income tax, potentially reducing the tax liability for those who pay for these health insurance plans.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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