HB 6926 Summary

• Adds two new personal income tax deductions for home health care expenses, effective January 1, 2024, for taxable years commencing on or after January 1, 2024

• Allows deduction of up to $60,000 annually for ordinary and necessary expenses for full-time home health care (including medical supplies and homemaker-companion or home health agency services) for persons age 70 or older related by blood, adoption, or marriage to the taxpayer

• Allows deduction of up to $60,000 annually for full-time home health care expenses for qualifying individuals as defined in Internal Revenue Code Sections 21(b)(1)(B) and 21(b)(1)(C)

• Both deductions apply only to expenses not deductible under federal tax law or any other Connecticut tax provision