Income tax, state; deduction for licensed medical caregivers. (HB1049)
Introduced By
Del. Vivian Watts (D-Annandale)
Progress
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Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; deduction for licensed medical caregivers. Grants an income tax deduction, for taxable years beginning on or after January 1, 2008, in the amount of $10,000 for licensed medical caregivers who provide medical-related services to individuals in their homes. The deduction is reduced $1 for every $2 the taxpayer's federal adjusted gross income exceeds $40,000. Amends § 58.1-322 (“Virginia taxable income of residents.”), of the Code of Virginia. View Full Text »

