Monica Stynchula

Caregiver Burden is Real Pass the Credit for Caring Act

Caregiving Increases the Likelihood of Personal Bankruptcy

Caregivers Need Support—Pass the Credit for Caring Act NOW! 📢

In 2023 alone, Alzheimer’s caregivers provided 18.4 billion hours of unpaid care—valued at nearly $350 billion. Dementia caregivers face even greater financial strain, spending over $10,000 per year out of pocket. Many families are forced to cut back on savings, everyday expenses, and even food.

The bipartisan Credit for Caring Act will provide up to a $5,000 federal tax credit for eligible family caregivers, helping to ease the crushing financial burden. Caregivers shouldn’t have to sacrifice their own well-being to care for a loved one.

 

There are over 50 million American unpaid family caregivers struggling to care for disabled and elder family and friends. We need the Credit for Caring tax credit to help us continue to afford to care for our loved ones. SB 925 has been presented by Senators Capito and Bennet. I am asking for your powerful voice and vote to get us this tax credit as suffer through cuts to Medicaid, Social Security, and Medicare. #creditforcaring

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