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Can i deduct in home caregiver expenses for spouse while i am working
can i deduct expenses for in home caregiver for my wife while i am working
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Can i deduct in home caregiver expenses for spouse while i am working
You can if she is physically or mentally incapable of self-care
and lived with you for more than half of the year. It would not be a deduction, but would be a credit for child and dependent care.
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Can i deduct in home caregiver expenses for spouse while i am working
You can if she is physically or mentally incapable of self-care
and lived with you for more than half of the year. It would not be a deduction, but would be a credit for child and dependent care.
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Can i deduct in home caregiver expenses for spouse while i am working
If the expenses are for medical needs, it is also possible they could be used as a Medical Expense. However, Medical Expenses are severely limited to the amount OVER 10% of your income (7.5% if age 65 or older until December 31st 2016, then it reverts to 10% for everybody).
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Can i deduct in home caregiver expenses for spouse while i am working
However, only expenses for actual medical care can be deducted as medical expenses. That does not include non-medical services such as bathing the person or preparing their meals or keeping them company.
*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
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