Whitmer’s Michigan caregiver tax credit proposal could provide up to $5,000 in tax relief (Detroit Free Press)

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    Whitmer’s Michigan caregiver tax credit proposal could provide up to $5,000 in tax relief – By Clara Hendrickson (Detroit Free Press) / Jan 21, 2024

    Gov. Gretchen Whitmer will lay out a proposal to provide tax relief for Michigan caregivers in her upcoming State of the State Address, according to her office.

    Whitmer’s “Caring for MI Family Tax Credit” plan would provide up to $5,000 in tax relief for thousands of Michigan families, covering expenses such as counseling, transportation and nursing or respite services. Whitmer’s office said the proposal will allow more seniors in Michigan to age where they live and help parents caring for children with long-term needs.

    In tending to loved ones suffering from serious health conditions, unpaid caregivers spend significant sums out of their own pockets.

    A 2021 AARP study found that unpaid family caregivers spend an average of $7,242 annually. The advocacy group places the economic value of their contributions supporting the adults in their lives at an estimated $600 billion.

    CONTINUE > https://www.freep.com/story/news/politics/2024/01/21/michigan-caregiver-tax-credit-gretchen-whitmer/72282479007/

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