Deductions & credits

"....Medicaid preparation.."

 

@Anonymous I am not going to comment on your tax situation regarding the house.  But I am going to advise you to seek the advice of an elder law attorney.  Are you aware that there is a five year lookback for the disposal of assets when a person goes on Medicaid?  So your plan to sign the house out of your mother's spouse's name may end up biting them and/or you.  Please seek legal advice before you proceed.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**