Michigan Governor Proposes $5,000 Tax Credit to Support Family Caregivers
Michigan Governor Proposes $5,000 Caregiver Tax Credit to Aid Families Caring for Elderly or Disabled Relatives
In Michigan, Governor Gretchen Whitmer is proposing a new ways to help families caring for elderly or disabled loved ones. It is something called the Caring for MI Family Tax Credit and it could give these families a $5,000 break on their taxes. This is part of a huge trend where states are looking forward to help families who are taking care of their own. Taking care of someone who needs help can cost a lot of money. In Michigan it is more than $7,000 every year. But this caregiver tax credit could really help families, especially paying for things like home modifications or hiring a caregiver to give them a break. It could make a big difference for families who are struggling to afford care.
$5,000 Caregiver Tax Credit – Michigan Governor Whitmer Offers! (PHOTO: LinkedIn)
Growing Momentum: States Consider Following Michigan Lead in Supporting Family Caregivers
Some states are starting to do the same things to help families, especially caregivers. If this tax credit passes in Michigan, it could set a role to other states to follow. With more and more older people needing care finding ways to help their families could become even more important in the future. This could lead to more states stepping up to support caregivers in good ways.
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