MS SB2102

Allows eligible caregivers an income tax credit for qualified expenses paid during the taxable year, capped at $12,000 per calendar year.

Defines eligible caregivers as individuals who pay or incur expenses caring for a qualified care recipient (spouse, parent, stepparent, or first-degree relative age 65 or older).

Requires the care recipient to be certified by a licensed physician as having long-term care needs for at least 180 days, with certification due before the tax return filing date.

Qualifies expenses include direct care worker costs, assistive devices and technology, home modifications, medication management, transportation, incontinence supplies, and lost wages for unpaid caregiving time.

Takes effect January 1, 2018.