Is there a tax deduction for caregivers?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Studied at University of California, San Diego (UCSD), Lives in San Diego, CA
You might think caregiving is always a nondeductible personal expense, not a deductible medical expense, says Saul Brenner, a CPA with Berdon in New York City. ... Medical expenses are deductible only to folks who itemize, and then only to the extent that the expenses exceed 7.5% of your adjusted gross income.Dec 8, 2011
2023-06-23 09:06:52
评论(499)
Helpful(122)
Helpful
Helpful(2)

Chloe Lewis
QuesHub.com delivers expert answers and knowledge to you.
You might think caregiving is always a nondeductible personal expense, not a deductible medical expense, says Saul Brenner, a CPA with Berdon in New York City. ... Medical expenses are deductible only to folks who itemize, and then only to the extent that the expenses exceed 7.5% of your adjusted gross income.Dec 8, 2011