Vermont H0008 proposes a tax credit for home modifications enhancing safety and livability.
Vermont H0008 introduces a personal income tax credit for home modifications aimed at improving safety and livability. Eligible modifications include ramps, stair lifts, widened doorways, bathroom renovations, and other accessibility improvements. The credit is limited to $15,000 per lifetime and can be carried over for up to three years if unused. The bill retroactively takes effect from January 1, 2025.
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