Answers to tax questions caregivers ask most: Can I claim my parent as a dependent? Can I claim medical expenses? Do I pay taxes on money my parents give to offset expenses?
10 CommentsFamily caregivers contribute their time and money to support those they love. When tax season rolls around, it’s important to understand that you may be able to claim your care recipient as a dependent on your tax return and lower your tax bill.
54 CommentsHelping a senior with their taxes this year? Get their financial affairs (and your own) in order early on to avoid unnecessary stress as tax day approaches.
7 CommentsEven if you can’t claim your care recipient as a dependent, you may still be able to write off some of their health care costs and further reduce your tax bill.
18 Comments