A bill to amend the Internal Revenue Code of 1954 to allow a deduction for the cost of medically necessary custodial care provided to elderly individuals.

Amends the Internal Revenue Code to allow a tax deduction for a certain amount of the cost of medically necessary custodial care provided to an elderly individual. Limits the amount of such deduction to $15,000 ($30,000 for joint returns), with annual cost-of-living adjustments.