Allows a tax credit for qualified accessible housing expenses for seniors.
The Senior Accessible Housing Tax Credit Act of 2026 amends the Internal Revenue Code to allow a credit against tax for qualified accessible housing expenses. This includes modifications such as installing wheelchair ramps, widening doorways, and installing non-slip flooring. The credit is available to individuals aged 60 and older, with a maximum credit of $10,000 per year. The credit is reduced for taxpayers with higher incomes. The bill also authorizes appropriations for the Older Adult Home Modification Grant Program.
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