Is mileage driven to care for elderly parent tax deductible?

Asked by thalia  |  Feb 23, 2011

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Carol Bradley Bursack, Feb 24, 2011

Over the span of two decades author, columnist and speaker Carol Bradley Bursack cared for a neighbor and six elderly family members. Because of this experience, Bradley Bursack created a portable support group, the book "Minding Our Elders: Caregivers Share Their Personal Stories."

 

Great question! If you provide enough financial assistance to the parent to take the parent off your taxes, it may be. You'll need to check with a CPA to figure this out. If you don't provide financial assistance, then it's unlikely, but again, a CPA can advise you.
Take care,
Carol

 
 

Rosanne Roge, Dec 15, 2011

Rosanne Rogé joined R.W. Rogé & Company, Inc. in January 1995. She is a graduate of C.W. Post - Long Island University. Ms. Rogé is certified by The Certified Financial Planners Board of Standards to use the professional certifications CFP and Certified Financial Planner. She is also a Certified Senior Advisor (CSA).

 

If you have covered more than half of your elderly parents living expenses (IRS definition of support which includes food, medical care, housing insurance and transportation) you may be able to take this deduction. For more specific detailed information on the deduction, I would recommend you review the IRA Publications 501 and 502 or check the IRS website at www.irs.gov.

 
 

nyxi

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Dec 12, 2011

Can the mileage driven be used on the flex spending plan if the parent is not claimed as a dependent? Travel to take non relative to medical procedures?

 
 

N1K2R3

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Mar 21, 2012

If the parent is a Dependent, yes, you can take this deduction: Form 1040, Schedule A, Line 1.....Medical.

 
 

Lilygirl

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Mar 21, 2012

Ask your HR department if this can be used for your flex spending plan.

 
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