Wife totally disabled 70 years old. I'm 72 years old but mobile. We need caregiver for 8 hours daily to assist me with the wife. Are this caregiver expenses deductible?
Wife totally disabled 70 years old. I'm 72 years old but mobile. We need caregiver for 8 hours daily to assist me with the wife. Are this caregiver expenses deductible?
Yes, some expenses to care for someone who's disabled can qualify as a medical expense. You will need to itemize your deductions and you can deduct medical expenses that exceed 7.5% of your adjusted gross income (AGI).