Research Notes on Elder Care Tax Deductions
When you hire a household employee to provide care for an elderly family member, you may be entitled to tax breaks to offset some of the payroll and tax expenses. There are two tax breaks available, of which one or both may help ease the financial burden of providing care for a love one.
Top Resources on Elder Care Tax Deductions
- Breed Love: Tax Breaks for Elder Care
- Elder Law Answers: Tax Deductions for Long-Term Care
- FOX News: When Dad = Tax Deduction
- Family Caregiver Alliance: Caregivers Eligible for Tax Credit
- Aging Parents and Elder Care: 12 Tax Tips
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About this WisdomCard
- Contributor: Elisa Carter
- Reviewer: Chris Miller
- Supervised by: The OrganizedWisdom Physician Review Team
- Last update: Jul. 30, 2008
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