NEWSLETTER
Find Senior Care (City or Zip)
✕
ASK A QUESTION
FIND CARE
FIND IN-HOME CARE
FIND ASSISTED LIVING
CARE GUIDES
CAREGIVING TOPICS
Join Now
Log In
Caregiver Forum
|
Financial Planning
|
Questions
K
KRAFT
Asked July 2010
We're paying for home health care out of pocket, are these expenses legally tax deductible?
Financial Planning
3
Answers
Most
Helpful
Newest
First
Oldest
First
R
EXPERT
Ralph Robbins
Oct 2010
Medical expenses, including the cost of medically necessary home health care, are deductible to the extent they exceed 7.5% of Adjusted Gross Income.
Helpful Answer (
0
)
J
jmvitus
Dec 2010
What if you are paying for private duty home health aides and no taxes are deducted?
Helpful Answer (
0
)
ADVERTISEMENT
ADVERTISEMENT
Recent Questions
Am I eligible to claim my dead ex's GM pension if he never remarried and I am remarried?
What is the proper and legal way to handle finances between a live-in caregiver and parent?
Has anyone gone through the process of moving their loved one on Medicaid to another state?
Popular Questions
I'm afraid my sister is trying to steal all of my mom’s money by being on joint accounts with her. What can I do to protect my mom?
What is the reasonable amount for a child to receive as payment for caring for their elderly parent?
How to tell my sister that I should be paid or get more than 1/2 of the inheritance for taking care of mom?
Related Questions
My name is listed first and my father's second on his money market & CD accounts. If the money is liquidated to pay for his care, does he have to go to a nursing home?
Is there anything I can do along with my mother's bank to have some sort of control over her spending, an alert of a ceiling $ amount?
My father cannot make his credit card payments and when he moved in with me he gave a creditor my contact information. They keep calling what do I do?
The elderly lady I care for is about to lose her home due to money shortage. Is there any way she can get her morgage payed for a month?
Ask a Question
Ask a Question
Post Question
Subscribe to
Our
Newsletter
Enter Your Email
Sign Up
3 Answers
Helpful Newest
First Oldest
First
ADVERTISEMENT