Minnesota SF1114 establishes a refundable income tax credit for certain home care providers.

Minnesota SF1114 establishes a refundable income tax credit for certain home care providers. The bill defines a caregiver as an individual providing unpaid assistance on a daily basis that qualifies as community first services or personal care assistance services to a family member. The credit is $200 per month, up to a maximum of $2,400 per year, and is refundable. Caregivers must participate in at least eight hours of training or support group sessions annually. The credit is reduced for claimants with income over 300 percent of the federal poverty guideline.

Minnesota SF1114 establishes a refundable income tax credit for certain home care providers.

Minnesota SF1114 establishes a refundable income tax credit for certain home care providers. The bill defines a caregiver as an individual providing unpaid assistance on a daily basis that qualifies as community first services or personal care assistance services to a family member. The credit is $200 per month, up to a maximum of $2,400 per year, and is refundable. Caregivers must participate in at least eight hours of training or support group sessions annually. The credit is reduced for claimants with income over 300 percent of the federal poverty guideline.