CT SB00236

Establishes income tax deductions for ordinary and necessary expenses paid for care of elderly persons age 70 or older related by blood, adoption, or marriage, up to $60,000 annually for full-time home health care including medical supplies and homemaker services.

Allows deductions for expenses caring for qualifying individuals as defined by Section 21(b)(1)(A) of the Internal Revenue Code, up to $3,000 annually.

Permits deductions for expenses caring for qualifying individuals as defined by Sections 21(b)(1)(B) and 21(b)(1)(C) of the Internal Revenue Code, up to $60,000 annually for full-time home health care including medical supplies and homemaker services.

Deductions apply only to expenses not otherwise deductible in determining federal adjusted gross income.

Effective from passage and applicable to taxable years commencing on or after January 1, 2018.