Assisted Living Tax Deduction

Some costs associated with assisted living may be tax deductible. Find out if you qualify for an assisted living tax deduction.

Using Aid and Attendance to Pay for Assisted Living. Annualizing Costs of Assisted living, Residential Care, Adult Day Care or Other Similar Arrangements

"There’s a $10,000 limit on what you can deduct for state, local and sales taxes," explained Senior Tax Manager at Eide Bailly Brooke Forstner. "Living in …

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WASHINGTON – The Internal Revenue Service issued a warning Wednesday to …

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By Wayne L. Kaplan and Jonathan C. Sullivan Currently, over one million Americans live in more than 28,000 assisted living facilities across the United States.

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Families with loved ones living in Autumn Leaves Assisted Living and Memory Care communities often ask: Can we deduct the cost of dementia care on our tax returns?