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Congress·In Committee·10 days ago

House Bill Would Give Family Caregivers a $2,000 Tax Credit for Housing Aging Relatives

Legislative Progress

Filed
Review
House
Senate
President

Impact Analysis

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Key Points

  • This bill proposes a new tax credit called the Multigenerational Home Caregiver Credit. It would give eligible family members a $2,000 tax break for each older relative they care for in their home, up to a maximum of two relatives per year.
  • To qualify, the caregiver must live with the relative for at least six months of the year and provide at least 10 hours of help each week. The relative must be at least 55 years old and need significant help with daily tasks like bathing, dressing, meal planning, or managing money, as confirmed by a doctor's note.
  • The full $2,000 credit is available to single people making up to $75,000 or married couples making up to $150,000. For those who earn more than these amounts, the credit gradually decreases until it reaches zero.
  • The policy aims to help families keep aging relatives at home rather than moving them to nursing homes. Research mentioned in the bill suggests that older adults living with family have better mental health and a 50% lower risk of needing a nursing home within two years.
  • If the bill is passed by Congress and signed into law, these tax credits would become available for the tax year starting January 1, 2027.
TaxesHealthcare

Milestones

2 milestones2 actions
Feb 20, 2026House

Referred to the House Committee on Ways and Means.

Feb 20, 2026

Introduced in House

Related News

4 articles

Source Information

Document Type

Congressional Bill

Official Title

To amend the Internal Revenue Code of 1986 to establish a credit for adult child caregivers.

Bill NumberHR 7610
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Ways and Means.

Sponsor

Cosponsors

(2)
D: 1R: 1

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