How do I figure an hourly amount for being my husbands caregiver 24/7?

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nikki34 Asked March 2015

How do I figure an hourly amount for being my husbands caregiver 24/7?

He has dementia. We have no long-term insurance.

Financial Planning

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score 1 · Answer 1

Nikki, you can't take this deduction. Doing so would be a red flag and then the IRS will audit the entire return. I'd rather face an angry raccoon than an IRS audit.

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score 1 · Answer 2

Were you thinking of it as a charitable donation? I doubt that would qualify ...

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score 1 · Answer 3

You are taxed on money you had/have. Money you don't receive is not relevant to your taxes, unless you are writing off a bad debt.

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score 1 · Answer 4

The eyes of IRS is you are the your husband's spouse. If you hired someone for your husband and you paid , yes it would be medical expenses, but not you....

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score 1 · Answer 5

Sounds like you are trying to create a medical expense of someone's salary for taking care of your husband that does not have a paper trail of monthly payments or a 1099MIS for the year. Does not sound like it exists to me. There must be other medical expenses that you can claim that are documented. Who does your taxes?

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