To amend the Internal Revenue Code of 1986 to encourage the extended family unit by increasing the amount of the personal exemption for children and for older dependents who reside with the taxpayer, and for other purposes.
Family Care Package of 1989 - Amends the Internal Revenue Code to revise the income tax personal exemption deduction, permitting a taxpayer to deduct the following amounts with respect to qualified dependents: (1) $3,000 for any child under age six; (2) $2,000 for any child between the ages of six and 19; (3) $3,000 for a person (including a spouse) mentally or physically incapable of self-care; and (4) $2,000 for any person aged 55 or older (including a spouse).
Repeals the dependent care tax credit as of tax year 1990.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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