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Family Caregivers May Be Able to Take Tax Deductions So See If You Qualify

TaxFormMany family caregivers use a significant amount of their own money to cover the needs of the person for whom they are caring. Often, these expenses are seemingly small, but they can add up. Sometimes, these expenses are enormous, especially for spousal caregivers. Costs can range from simple personal items to charges for adult day services. Either way, caregivers should develop a method of tracking these expenses. One reason is that, for some, the expenses could be taken off of their taxes.

View full slideshow on HealthCentral to see if you can take tax deductions for your caregiving:

Support a caregiver or jump-start discussion in support groups with real stories - for bulk orders of Minding Our Elders e-mail Carol  

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