If you are a senior receiving care or are caring for an older relative, you may be eligible for additional tax deductions and credits. Examples of elder care tax benefits include claiming a parent, stepparent, father-in-law or mother-in-law as a dependent on your tax return or deducting contributions you made toward your aging relative’s medical expenses.
March 01, 2016Beth Lueders
#Paying for Eldercare
#Support for Adult Caregiving
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