A bill to amend the Internal Revenue Code of 1954 to allow a deduction of not more than $1,500 for amounts paid or incurred for maintaining a household a member of which is a dependent of the taxpayer who has attained the age of 65.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an income tax deduction for individuals who maintain a household in which a dependent age 65 has resided for more than one-half of the taxable year. Limits the amount of the deduction to $1,500 for a taxable year.…