Sydshk, you would need to talk to an Accountant or tax adviser.
Since you cannot claim your Dad as a "Dependent" on your taxes, I doubt you can claim the cost of the two trips and medical bills on your income tax. But it's worth looking into as the IRS is always making new rulings.
Last year my Father was diagnosed with Cancer in Pakistan, He is not a USA citizen but I am. I made two visits in 3 months & paid for all his medical bills. Unfortunately he passed away during my 2nd visit. Can I claim any of these expenses
My husband and I have to travel from Florida to Mississippi at least once a month to care for My 97 yr. old father-in-law, and mother-in-law. We have to take them to doctors appointments, refill their medicines, and make sure they are stocked with groceries and take care of any other medical issues. Can we deduct at least any of the travel expenses for this even though they are considered our dependents?
As many of you are now finding out, the 7.5% floor on medical deductions has now risen to 10% for those under age 65. Unless there is catastrophic medical expenses, not many of us will get the medical deduction on Line1, Schedule A.
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.
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?
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
Since you cannot claim your Dad as a "Dependent" on your taxes, I doubt you can claim the cost of the two trips and medical bills on your income tax. But it's worth looking into as the IRS is always making new rulings.
Can I claim any of these expenses
Take care,
Carol