My Mother Is In A Nursing Home And I Pay For The Entire Cost. Can I Deduct This On My Tax Return?
You may deduct qualified medical expenses you pay for yourself, your spouse, and your dependents, including a person you claim as a dependent under a Multiple Support Agreement. You can also deduct medical expenses you paid for someone who would have qualified as your dependent except that the person did not meet the gross income or joint return test.
Nursing home expenses are allowable as medical expenses in certain instances. If you, your spouse, or your dependent is in a nursing home or home for the aged, and the primary reason for being there is for medical care, the entire cost, including meals and lodging, is a medical expense. If the individual is in the home mainly for personal reasons, then only the cost of the actual medical care is a medical expense and the cost of the meals and lodging is not deductible.
Other Tax Deductions FAQs
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Q:
What Is Itemizing And Is It Beneficial To Me?
A: "Itemizing" is listing on Form 1040 Schedule A all amounts you paid during the year for certain items such as medical and dental care, state and local income … More -
Q:
I Paid My Mothers Real Estate Taxes Last Year. Can I Deduct This On My Tax Return?
A: Generally not, you can usually only deduct taxes that are imposed on you. -
Q:
I Refinanced My Home Last Year And Paid Points. Are They All Deductible This Year?
A: No. Points paid solely to refinance your home mortgage cannot be deducted in the year paid. Instead, they must be deducted over the life of the loan. -
Q:
Can I Take A Deduction For The Interest I Paid On My Student Loan?
A: Beginning January 1, 1998, taxpayers who have taken loans to pay the cost of attending an eligible educational institution for themselves, their spouse, or their … More -
Q:
I Donated A Used Couch To A Qualified Charity. Do I Need To Attach Any Special Forms To My Return To Take A Deduction For A Charitable Contribution?
A: You must fill out Section A of IRS Form 8283, Noncash Charitable Contributions, if your total deduction for all noncash contributions is more than $500. If … More -
Q:
Our House Caught Fire This Last July. Can We Claim A Loss On Our Income Tax Return?
A: If you lose property through casualty or theft, you may be entitled to a tax deduction. A casualty is the damage, destruction, or loss of property resulting from an … More -
Q:
I Went Through A Divorce Last Year And Paid A Lot Of Legal Fees. Are These Deductible On My Tax Return?
A: Legal fees for the divorce itself and for property settlement are not deductible, however, legal fees to collect taxable income, such as alimony, are deductible as … More -
Q:
I Use Part Of My Living Room As An Office. Can I Take A Deduction For Business Use Of My Home?
A: In general, if you use a part of your home for both personal and business purposes, no expenses for business use of that part are deductible. Exceptions apply for … More -
Q:
What Are The Standard Mileage Rates For 1998, 1999, And 2000?
A: For 1998, the standard mileage rate is 32.5 cents a mile for all business miles. The higher rate for U.S. Postal Service employees with rural routes has been repealed. … More -
Q:
Are There Limits On The Amount Deductible For Meals On A Business Trip?
A: Meal expenses are deductible only if your trip is overnight or long enough that you need to stop for sleep or rest to properly perform your duties. Generally, the … More
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