![]() If your parent qualifies as your dependent, you can add medical expenses you incur for him or her to your own medical expenses when calculating your deduction. ![]() ADLs include eating, toileting, transferring, bathing, dressing and continence. They include diagnostic, preventive, therapeutic, curing, treating, mitigating and rehabilitative services, and maintenance or personal-care services.įor your parent to qualify as chronically ill, a physician or other licensed health care practitioner must certify him or her as unable to perform at least two activities of daily living (ADLs) for at least 90 days due to a loss of functional capacity or severe cognitive impairment. ![]() Qualified LTC services are those required by a chronically ill individual and administered by a licensed health care practitioner. If the individual is chronically ill, all qualified LTC services are deductible. Also, for those individuals, only the portion of the fee that’s allocable to actual medical care qualifies as a deductible expense. And itemizing deductions saves taxes only if total itemized deductions exceed the applicable standard deduction.Īmounts paid to a nursing home are deductible as medical expenses if a person is staying at the facility principally for medical, rather than custodial care. But keep in mind that the medical expense deduction is an itemized deduction. The costs of qualified long-term care (LTC), such as nursing home care, may be deductible as medical expenses to the extent they, along with other qualified expenses, exceed 7.5% of adjusted gross income (AGI). But you should know that several tax breaks may be available to help offset some of the costs. If you have a parent entering a nursing home, taxes are probably the last thing on your mind. Offset Nursing Home Costs With Possible Tax Breaks
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