Oklahoma Caring for Caregivers Tax Credit¶
Oklahoma's Caring for Caregivers Act provides a state income tax credit for family caregivers who incur expenses caring for eligible family members. The credit equals 50% of eligible caregiving expenditures, up to $2,000 per eligible family member ($3,000 if the family member is a veteran or has a dementia diagnosis). The program has an annual statewide cap of $1.5 million.
State income tax credit equal to 50% of eligible caregiving expenditures. Maximum credit of $2,000 per eligible family member, or $3,000 if the family member is a veteran or has a dementia diagnosis. Eligible expenses include hiring home care aides, respite care, adult day care, personal care attendants, and health care equipment/technology. Caregiver must have AGI under $50,000 (single) or $100,000 (married filing jointly). Care recipient must be 62+ years old and require assistance with at least 2 activities of daily living (ADLs), certified by a licensed healthcare provider, and living in a private home (not a facility). Annual statewide cap of $1.5 million.
Eligibility¶
- Care recipient must be at least 62 years old
- Must be a resident of OK
Services¶
State income tax credit equal to 50% of eligible caregiving expenditures. Maximum credit of $2,000 per eligible family member, or $3,000 if the family member is a veteran or has a dementia diagnosis. Eligible expenses include hiring home care aides, respite care, adult day care, personal care attendants, and health care equipment/technology. Caregiver must have AGI under $50,000 (single) or $100,000 (married filing jointly). Care recipient must be 62+ years old and require assistance with at least 2 activities of daily living (ADLs), certified by a licensed healthcare provider, and living in a private home (not a facility). Annual statewide cap of $1.5 million.
How to apply¶
Apply online or find more information at the official program page.
Related programs¶
- cdctc (companion): Federal CDCTC may also apply for dependent care expenses