The AGE Act of 2026 proposes an income tax credit for eldercare expenses.

The Americans Giving Care to Elders Act of 2026 introduces a new tax credit under the Internal Revenue Code for expenses related to eldercare. This credit applies to expenses for medical care, lodging, adult day services, personal care, respite care, assistive technologies, environmental modifications, and caregiver counseling or training. The credit is limited to $6,000 per taxable year and is subject to certain conditions, including the requirement that the taxpayer identification number of the qualifying individual be included on the tax return.

The AGE Act of 2026 proposes an income tax credit for eldercare expenses.

The Americans Giving Care to Elders Act of 2026 introduces a new tax credit under the Internal Revenue Code for expenses related to eldercare. This credit applies to expenses for medical care, lodging, adult day services, personal care, respite care, assistive technologies, environmental modifications, and caregiver counseling or training. The credit is limited to $6,000 per taxable year and is subject to certain conditions, including the requirement that the taxpayer identification number of the qualifying individual be included on the tax return.