Thanks, Vanessa and Dave.
I am not planning on having her as a dependent (unless that is a smarter option). I just help her do her taxes with TurboTax.
I read the article, and this is what I have interpreted.
I like the example Vanessa used. So I will start there.
If we pay this person $56,000 for the year, I would have to figure out of that $56k how much is deductible (Such as administering medications, bathing, dressing, etc). Let's say it was $30k.
Since mom's AGI is $61,700, single and over 65, she would be able to deduct ($30000 - 4627.50) $25,372.50. Loosely bringing her taxable income down to (61700 - 25372.50) $36,327.50?
What about the person? She has a work visa, but no SSN or TIN. How would that work? Do I even have to? I am guessing she would have to report that as income on her end to Mexico?
