Income Tax Deductions and Credit

Available to Taxpayers Paying

the Long-Term Care Expenses of a

Dependent Parent or Other Family Member

    Adult children and others family members who are contributing to the long-term care expenses of a parent or other relative will want to take full advantage of all the income tax benefits for which they are eligible in connection with such payments.

    Taxpayers in such situations may be able to claim a dependency exemption for the parent or other relative.  In addition, some or all of the payments for long-term care may be deductible as a medical expense, or in the alternative the expenses may entitle the taxpayer to use the dependent care tax credit. Select a sub-topic below for more information about these points.

DISCLAIMER

Martin J. Hagan is licensed to practice law in the Commonwealth of Pennsylvania. This website is intended solely for informational use and is not intended to solicit clients. Likewise, any information contained in or obtained from this web site is for informational purposes only and is not intended to be used as legal advice.

IRS CIRCULAR 230 DISCLAIMER:   Pursuant to Treasury guidelines, any tax advice contained in this website (or any link from it) does not constitute a formal opinion. Accordingly, any tax advice contained in this website (or any link from it) is not intended or written to be used, and cannot be used by any taxpayer, for the purpose of avoiding penalties that may be asserted by the Internal Revenue Service. You should seek advice based on your particular circumstances from an independent tax advisor.

Send mail to mhagan@haganlaw.net  with questions or comments about this web site.

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Last Updated: 03/05/10