are any fed tax deductions allowed for assisted living resident
No. Housing expenses are not covered by medicare.
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.
Yes, daycare expenses can be deducted from taxes as a childcare expense if certain criteria are met.
Most Medicare plans do cover some assisted living facilities. You would have to check with your Medicare plan to see what facilities are covered.
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.
Profit and wealth is left after all the expenses of running a business are deducted from the income.
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When traveling for work, expenses such as transportation, lodging, meals, and business-related activities can be deducted as tax deductions.
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.
Yes, toll expenses can be deducted on your taxes if they are related to business travel or other deductible expenses.
where assisted living for the blind in Canada
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.