HR 5907 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to provide an income tax credit to individuals for maintaining a household for older dependents.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1982-03-18)
Plain Language Summary
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Amends the Internal Revenue Code to allow a refundable income tax credit for household expenses to any taxpayer who maintains a household in which a dependent aged 65 or over resides. Limits such credit to $500 for each aged dependent for the taxable year.…
Summarized by Claude AI · Non-partisan · For informational purposes only