CT HB05511

Establishes a personal income tax deduction for ordinary and necessary expenses paid for the care of veterans related by blood, adoption, or marriage to the taxpayer, or paid by a veteran for their own care, capped at $60,000 annually for full-time home care costs.

Deductible expenses include medical supplies, in-home services provided by homemaker-companion agencies (as defined in section 20-670), and health care provided by home health agencies (as defined in section 19a-490).

Applies only to expenses not deductible in determining federal adjusted gross income.

Effective July 1, 2023, and applicable to taxable years commencing on or after January 1, 2023.

Amends section 12-701(a)(20)(B) of the general statutes regarding Connecticut personal income tax deductions.