Summary: H.R.3321 — 117th Congress (2021-2022)All Information (Except Text)

There is one summary for H.R.3321. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/18/2021)

Credit for Caring Act of 2021

This bill allows an eligible caregiver a tax credit of up to $5,000 for 30% of the cost of long-term care expenses that exceed $2,000 in a taxable year. The bill defines eligible caregiver as an individual who has earned income for the taxable year in excess of $7,500 and pays or incurs expenses for providing care to a spouse or other dependent relative with long-term care needs.