1. Short title This Act may be cited as the Credit for Caring Act of 2017 . 2. Credit for working family caregivers (a) In general Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 25D the following new section: 25E. Working family caregivers (a) Allowance of credit In the case of an eligible caregiver, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to 30 percent of the qualified expenses paid by the taxpayer during the taxable year to the extent that such expenses exceed $2,000. (b) Limitation (1) In general The amount allowed as a credit under subsection (a) for the taxable year shall not exceed $3,000. (2) Adjustment for inflation In the case of any taxable year beginning after 2017, the dollar amount contained in paragraph (1) shall be increased by an amount equal to the product of— (A) such dollar amount, and (B) the medical care cost adjustment determined under section 213(d)(10)(B)(ii) for the calendar year in which the taxable year begins, determined by substituting 2016 for 1996 in subclause (II) thereof. If any increase determined under the preceding sentence is not a multiple of $50, such increase shall be rounded to the next lowest multiple of $50. (c) Eligible caregiver For purposes of this section, the term eligible caregiver means an individual who— (1) during the taxable year pays or incurs qualified expenses in connection with providing care for a qualified care recipient, and (2) has earned income (as defined in section 32(c)(2)) for the taxable year in excess of $7,500. (d) Qualified care recipient For purposes of this section— (1) In general The term qualified care recipient means, with respect to any taxable year, any individual who— (A) is the spouse of the eligible caregiver, or any other person who bears a relationship to the eligible caregiver described in any of subparagraphs (A) through (H) of section 152(d)(2), and (B) has been certified, before