CA AB2606

Allows a tax credit of $500 per applicable individual for eligible caregivers for taxable years beginning January 1, 2015 through December 31, 2019.

Defines "applicable individual" as someone certified by a physician as having long-term care needs for at least 180 consecutive days, with certification required within the preceding 39.5 months.

Limits eligibility to caregivers with adjusted gross income below $100,000 (joint filers) or $50,000 (all other taxpayers).

Restricts credit to one eligible caregiver per applicable individual; if multiple caregivers qualify, the one with highest adjusted gross income claims the credit unless another files a written declaration declining it.

Repeals Section 17053.81 effective December 1, 2020.