Family member is in a Memory Care (Assit Living) facility in FL. Monthly charges for being in this facility is $5,000/mo or $60K annual.
These expenses will definitely exceed the 7.5% threshold and will also exceed the Standard Deduction (Single unmarried) as well.
So I am asking about what does the IRS filing expect in regards to segmenting or itemizing these expenses or just the $60k minus the 7.5%?
