Hawaii HB2464 establishes a family caregiver tax credit to support eligible taxpayers providing care to relatives with disabilities or elderly.
Hawaii HB2464 creates a family caregiver tax credit to provide financial relief to eligible taxpayers who care for relatives with disabilities or elderly individuals. The credit is up to $5,000 per eligible taxpayer per year, with a refundable portion of up to $1,000. Eligible taxpayers must meet income limits and provide uncompensated care to a care recipient who is a U.S. citizen or qualified alien, not residing in a long-term care facility, and has impairments in daily living activities.
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