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).

Answers

Question

Can I claim my mother on my taxes?


Adult children have to overcome a number of hurdles to realize tax breaks for claiming a parent they are supporting. While there is a... see more

Question

If a family member is paid to care for a parent from the parent's fund does the person paid have to claim the...


I would check with the IRS or an accountant regarding the taxation of the income. I'm sure there is some type of tax that is due,... see more

Question

Can my father claim what he pays his live-in caregiver as a deduction on his taxes?


I would recommend that you check IRS Pub 554, Itemized Deductions for Medical and Dental Expenses; in partcular Nursing Services and... see more

Question

Is mileage driven to care for elderly parent tax deductible?


If you have covered more than half of your elderly parents living expenses (IRS definition of support which includes food, medical care,... see more

Question

Are incontinence products a tax write-off?


According to the IRS guidelines, expenses for incontinence supplies may be tax-deducitbl ifyou can show they are needed to relieve the... see more

Question

As Mom's POA I set up funeral trust to apply for Medicaid and it is gaining interest. Is this tax deductible i...


Funeral trust accounts are established as a revocable, grantor trust. The IRS has ruled that any earnings are income to the owners of the... see more

Question

If your elderly parent is disabled do they receive a tax deduction every year?


The IRS Code provides numerous benefits for persons with handicaps or disabilities. Since I would need to know more specific details, I... see more

Question

My father is 91, lives alone but I do all shopping, provide all meals, take him to his doctors. Can I claim an...


Your Dad would need to pass the IRS Dependency Requirements for you to be able to claim any of his expenses on your tax return. Below is a... see more

Question

How do I prove on my taxes that I provided care for my mother, so that I can claim her as a dependent?


You may be able to claim your Mom as a dependent on your tax returns if you pass the IRS’s Dependency Test. If your Mom meets the IRS’s... see more

Question

Is assisted living considered a medical tax deduction?


In the case of assisted living, you are paying for care, but remember you are also paying for room and board. The room and board portion... see more

Question

How should my mother's assets (savings, deed to house, etc) be set for minimum death taxes?


This is really more of a legal than tax question and the situations are different for every individual. I would recommend that you and your... see more

Question

Are aid and attendance benefits exempt from income tax?


The Aid and Attendance Benefit for our Veterans are received tax-free to the recipient. Veterans are elgibile if they served in WWI, WWII,... see more

Question

What happens if your parent's resources run out before the long term care insurance does?


From my research on this topic, you may be able to request a reduction in the policy's benefits so the premiums are affordable. You... see more

Question

Can an illiterate spouse be a patient representative for social security?


1. If they could have a power of attorney prepared to have someone that the spouse would be comfortable having as their agent-in-fact (it... see more

Question

Should I drop my mother’s supplemental insurance now that she is on hospice?


Having been in the situation where I was the caregiver for my Mom, I truly know how much some free time can mean to the caregiver. I would... see more

Question

Does the IRS waive penalties for the elderly that have forgotten to file their taxes?


Yes, the IRS may waive a penalty on a failure to file if you can show reasonable cause for not filing on time and it is not due to willful... see more

Question

How do I arrange for my elder father to go into assisted living only on social security?


The costs in an assisted living facility usually depend on the type of services your Dad will be utilizing there. If is for health... see more

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