The Elderly Care Credit is for people helping to pay certain expenses for elderly or disabled family members.
An individual paying taxes in Montana with qualifying expenditures.
Certain expenses paid on behalf of an elderly family member who is 65 or has been determined disabled for Social Security purposes and has a family income under $15,000 if not married or $30,000 if married.
Qualified expenses include:
You may claim a percentage of the qualified expenses based on your adjusted gross income:
The maximum credit is:
This credit cannot be carried forward or backward.
You may calculate this credit using the Elderly Care Credit (Form ECC).