answersLogoWhite

0

are any fed tax deductions allowed for assisted living resident

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Does medicare pay for assisted living?

No. Housing expenses are not covered by medicare.


What percentage of assisted living expenses does Medicaid pay?

Madicaid can often times cover the full expense involved in these assisted living facility. This amount though can vary based on what state you are in.


Can daycare expenses be deducted from taxes?

Yes, daycare expenses can be deducted from taxes as a childcare expense if certain criteria are met.


Will Medicare cover my mother's senior citizen assisted living expenses?

Most Medicare plans do cover some assisted living facilities. You would have to check with your Medicare plan to see what facilities are covered.


What kind of expenses can be expected with assisted living?

The average cost of assisted living is approximately $36,000 per year. It is possible, however, to deduct some of the expense from your taxes if you meet certain criteria. In order to see if the expenses are tax deductible for you it is best to seek the consult of a tax professional.


What is left after all the expenses of running a businesss are deducted from the income?

Profit and wealth is left after all the expenses of running a business are deducted from the income.


assisted living software ?

service plan assisted living assisted living


What expenses can be deducted when traveling for work as a tax deduction?

When traveling for work, expenses such as transportation, lodging, meals, and business-related activities can be deducted as tax deductions.


What is net operating expenses i just want you to define the word net operating expenses?

Net operating expenses are the total of a companies income after the expenses have been deducted but before all the taxes have been deducted. This is the opposite of net profit.


Can you deduct toll expenses on your taxes?

Yes, toll expenses can be deducted on your taxes if they are related to business travel or other deductible expenses.


Where are Assisted living for legally blind?

where assisted living for the blind in Canada


Does Medicaid pay for any senior assisted living expenses?

It depends on what state you are living in, In some states medicade does pay for senior living in participating venues. It wouldnt hurt to do a little research on your states policies.