If you itemize deductions instead of claiming the standard deduction, you may be eligible for an itemized medical deduction with respect to treatment for your child’s condition. Depending on the severity of autism, you may want to look into ABLE accounts or special trusts that will help your child financially throughout his or her life without causing the loss of any government benefits to which the child may be eligible.
Debt secured by a principal residence or second home to the extent of the excess of fair market value over acquisition debt. An interest deduction is generally allowed for home equity debt up to $100,000 ($50,000 if married filing separately).