The money I receive from caring for my parents in my home is counted as income to me. I should be able to deduct some expenses whereas not all the money I receive is "profit" and should not be subject to income tax, much like a business is allowed to take deductions. I have heard that medicaid has a "Roof, Utility and Food" (RUF) allowance that is used by assisted living facilities. Is this something I can also us as a standard deduction? Where can I find how much that amount is?