One in eight Arizonans – about 804,000 people – spends at least one hour per week helping an elderly friend or relative get by. Stephen Jennings, associate state director at AARP Arizona, said he supports a tax credit for those who are doing so much.
“Your typical caregiver spends around $6,000 of their own money taking care of the loved one over the year,” Jennings said. “And we’d like to see the Legislature pass a $500-a-year tax credit for people taking care of others.”
Recently, Representative Heather Carter Sponsors $1,000 Family Caregiver Income Tax Credit – HB 2209
- Taxpayer must be a resident of Arizona
- Gross income may not exceed $75,000 for a single person or a married person filing separately or $150,000 for a married couple
- Care must occur during taxable year
- 50% of the qualifying expenses incurred but not more than $1,000 for these purposes:
- Making improvements or alterations to the primary residence (either owned or leased by the taxpayer) to enable or assist care recipient to be mobile, safe, or independent
- Purchasing or leasing equipment to enable or assist the care recipient to carry out one or more activities of daily living (ADLs)
- Employing outside care from an in-home caregiver or adult day care
- Procuring transportation, legal, or financial services or assistive care technology to assist the taxpayer in caring for the care recipient.
Let’s get behind this initiative and support Rep. Heather Carter.