Sep 17 • Financial
DEDUCT WHAT YOU CAN - IRS
When I was taking care of my parents I claimed them on my tax return as dependants since I provided more than 50% of their monthly financial support..
You may be surprised what you are actually able to deduct -
Hey you are paying for it out of responsibilty - why not get the tax break you are entitled to
check out this article from the IRS and always only take advice from your own accountant
- Claim care-related creditsChild & Dependent Care Credit info: https://www.irs.gov/credits-deductions/individuals/child-and-dependent-care-credit-information
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DEDUCT WHAT YOU CAN - IRS
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