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Family caregivers for older adults, people with disabilities, and veterans have long struggled with the financial challenges associated with the costs of caregiving. On average, caregivers spend 26% of their income on caregiving expenses. This unpaid labor of family caregivers saves billions of dollars for taxpayers in nursing home and hospital care costs.
The Credit for Caring Act would implement a non-refundable federal tax credit of up to $5,000 for eligible caregivers. This financial support can help make this critical caregiving possible and benefit both the recipient of the care as well as the community at large. Contact your representatives and ask them to support this important legislation and improve financial circumstances for family caregivers!
Congress:
Pass the Credit for Caring Act!
Family caregivers for older adults, people with disabilities, and veterans have long struggled with the financial challenges associated with the costs of caregiving. On average, caregivers spend 26% of their income on caregiving expenses. This unpaid labor of family caregivers saves billions of dollars for taxpayers in nursing home and hospital care costs.
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