Michigan HB5214 proposes a tax credit for eligible family caregivers who provide care for family members with disabilities.

Michigan HB5214 amends the Michigan income tax law to introduce a tax credit for eligible family caregivers. This credit allows eligible caregivers to claim a credit equal to 30% of their qualified expenses, up to a maximum of $2,000 per tax year. To qualify, caregivers must be Michigan residents who provide care for family members with disabilities and incur uncompensated expenses of at least $2,000. The credit applies to expenses such as respite care, counseling, transportation, assistive technologies, and home modifications.

Michigan HB5214 proposes a tax credit for eligible family caregivers who provide care for family members with disabilities.

Michigan HB5214 amends the Michigan income tax law to introduce a tax credit for eligible family caregivers. This credit allows eligible caregivers to claim a credit equal to 30% of their qualified expenses, up to a maximum of $2,000 per tax year. To qualify, caregivers must be Michigan residents who provide care for family members with disabilities and incur uncompensated expenses of at least $2,000. The credit applies to expenses such as respite care, counseling, transportation, assistive technologies, and home modifications.