A bill to amend the Internal Revenue Code of 1954 to provide individuals a refundable credit against income tax for maintaining a household for certain individuals who are related to the taxpayer and have attained the age of 65.
Tax Credit for the Care of the Elderly Act of 1984 - Amends the Internal Revenue Code to allow individual taxpayers who maintain a household which includes a dependent who has attained age 65 a refundable income tax credit for the expenses of maintaining such household. Requires that the dependent be a relative of the taxpayer and that such household constitute the principal residence of the dependent for more than one-half of the taxable year. Limits the amount of the credit to $400 for each dependent.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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