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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: posthumousone who wrote (929)4/4/1998 10:24:00 AM
From: Colin Cody  Read Replies (1) | Respond to of 5810
 
"You can include in medical expenses the cost of medical care in a nursing home or home for the aged for yourself, your spouse, or your dependents. This includes the cost of meals and lodging in the home if the main reason for being there is to get medical care.

Do not include the cost of meals and lodging if the reason for being in the home is personal. You can, however, include in medical expenses the part of the cost that is for medical or nursing care. "

YOU DID YOUR HOMEWORK! As you found you MAY DEDUCT medical cost for your DEPENDENTS!!!! For a parent, that means they depend on YOU to provide 50% or more of their support!!! If YOU PAY for the nursing home, that may bring you over the 50% support test...

Colin