Tax Breaks for Caregivers

 

KSDK - 5 On Your Side recently posted an interesting article about three ways caregivers may potentially save on their taxes. An elder relative may be considered the caregiver's dependent, so the caregiver can take an exemption on the tax return. Itemizing medical deductions and obtaining a dependent care credit may also be possible.

http://www.ksdk.com/money/tax-breaks-you-can-get-for-taking-care-of-aging-relatives/413926611