Claiming Elderly Dependent
Claiming Elderly Dependent Articles
Answers to Tax Questions Caregivers Ask Most
Answers to tax questions caregivers ask most: Can I claim my parent as a dependent? Can I claim medical expenses? Do I pay taxes on money my parents give to offset expenses?12 Comments
Can I Claim My Elderly Loved One as a Dependent on My Taxes?
Family caregivers contribute both their time and money to help support those they love. When tax time rolls around, it’s important to understand that you may be able to claim your care recipient as a dependent on your income taxes and lower your tax bill.54 Comments
Start Here Every Year: Essential Tax Steps for Caregivers
Getting an elder’s financial affairs (and your own) in order early on is an essential step that will help you avoid unnecessary stress as tax day approaches.7 Comments
What Medical Expenses Can Be Written off on Taxes?
Even if you can’t claim your care recipient as a dependent, you may still be able to write off some of their health care costs and further reduce your tax bill.17 Comments
Claiming Elderly Dependent Questions
If you're 65 and taking care of yourself, no one should be allowed to put you down as a dependent. How do you stop that from happening?4 Answers
What is the amount of yearly income you have to have to be enrolled and dependent from your family How much is too much?5 Answers
If I claim my elderly parent as a dependent, can my assets (or lien placed) by nursing home?3 Answers
Medicaid eligibility, tax dependent, living situation. Can I still claim her?3 Answers