Follow
Share
This question has been closed for answers. Ask a New Question.
Find Care & Housing
Can you give more details?
Helpful Answer (0)
Report

If Medicaid goes back 5 years on bank stmts and such for giving money as gifts, can paying a caregivers bills be looked at as gift giving.
Helpful Answer (0)
Report

If the caregiver declares the income and pays taxes on it through the IRS, then it's not gifting. If the caregiver is paid cash and never declares it as income, then it could be considered gifting.
Helpful Answer (0)
Report

Yes, if your parent pays your bills, even if it's not cash, it can be considered a gift.
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Ask a Question
Subscribe to
Our Newsletter