CT HB07005

Allows Connecticut income tax deduction for ordinary and necessary expenses paid for care of elderly persons age 70 and older, up to $60,000 annually for full-time home health care including medical supplies and in-home services.

Permits deduction of up to $3,000 annually for expenses caring for qualifying individuals as defined under federal tax code Section 21(b)(1)(A).

Allows deduction of up to $60,000 annually for full-time home health care expenses for qualifying disabled individuals as defined under federal tax code Sections 21(b)(1)(B) and 21(b)(1)(C), including medical supplies and in-home services.

Applies to taxable years commencing on or after January 1, 2017.