HB853

Establishes a tax credit for nonpaid family caregivers in Hawaii.

This bill creates a refundable family caregiver tax credit for eligible taxpayers in Hawaii. The credit is available to relatives of care recipients who have a federal adjusted gross income of $75,000 or less, or $125,000 if filing a joint return, and have incurred uncompensated expenses related to caregiving. The credit can be claimed for expenses such as home alterations, equipment, respite care, and personal care services. The maximum credit is $5,000 per taxable year. The Department of Taxation will prepare necessary forms and may require information to verify claims.