Credit for Caring Act of 2025 provides a tax credit for working family caregivers.
The Credit for Caring Act of 2025 amends the Internal Revenue Code to introduce a tax credit for working family caregivers. This credit applies to eligible caregivers who incur qualified expenses related to providing care for a qualified care recipient. Eligible caregivers must have earned income exceeding $7,500. Qualified expenses include expenditures for respite care, lost wages, travel costs, and technologies that assist in caregiving. The credit is equal to 30 percent of qualified expenses, up to a maximum of $5,000, and is subject to a phase-out based on modified adjusted gross income.
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