Income Tax - Credit for Individuals Residing With and Caring for Elderly Parents
Allowing a credit of $3,000 against the State income tax for an individual who resides with and provides care for a certain elderly parent during the taxable year under certain circumstances; making the credit refundable; and applying the Act to all taxable years beginning after December 31, 2025.
Income tax
RESIDENCY
Tax Returns
Tax Credits
Caregivers
Time
Taxes - Income
Low-Income
Parents and Guardians
Elderly Persons (65+)
Moderate-Income
Support of Dependents
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