Is there a deduction or caregiver credit that my daughter can claim for costs incurred for in home nursing care and medical expenses for her mother?
You'll need to sign in or create an account to connect with an expert.
It depends. Does your daughters mother live with her? Do they both live with you or do they live separate from you?
If so, it is possible that she can claim her as a dependent on her return. If she does, and if she has total itemized expenses that are greater than her Standard deduction, she could claim these expenses as part of her itemized expenses. For her mother to qualify as her dependent the following would have to apply:
She may also be able to file as Head of Household, if she is claiming her mother. This would increase her standard deduction from $14,600 (if she is single) to $21,900.
To file as Head of Household, you must meet the following:
Itemized expenses include mortgage interest, gambling losses up to winnings, charitable contributions, state and local taxes up to $10,000, medical expenses in excess of 7.5% of your AGI and casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss. Health insurance and all medical expenses are only deductible for the amount that is over 7.5% of your AGI. This means if her AGI is $50,000, then the amount that is over $3,750 is deductible.
Then your total itemized expenses would need to be greater than your standard deduction below in order to benefit from your expenses.
The 2024 Standard Deductions are as follows:
If she can claim her, she may also be able to claim the $500 Other Dependent Credit
The best thing to do is walk through all the questions in the personal info section which will tell you if her mother qualifies as a dependent and then TurboTax will guide you through the deductions and credits that are available.
Standard versus Itemized Deduction
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Mu-hannad
Level 2
jcmoney
New Member
guarzola
Level 2
mountainministry8
New Member
submicron
Level 1