A bill to amend the Internal Revenue Code of 1954 to allow a deduction 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 sixty-five.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an income tax deduction for amounts paid or incurred in maintaining a household for a dependent of the taxpayer who has attained the age of 65. Limits the deduction to $2,400 ($3,400 if the qualified dependent is physically or mentally incapable of caring for himself).…