Submitted By: someone
Answered: March 4, 2014 8:30 am

My 85-year old spouse has Alzheimer’s disease, and we have a caregiver who spends 5 hours a day 5 days a week bathing, dressing, feeding, and otherwise attending to her. I pay $3,300 a month for this service. Is it tax deductible?

While Medicare does not cover the cost of long-term care services, they may qualify as a deductible medical expense. Since your spouse is chronically ill and requires personal care services, the cost is deductible provided they are pursuant to a plan of care prescribed by a licensed health care practitioner. As children in school are told: Get a doctor’s note.

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Tax Glossary

Estimated tax

Advance payment of current tax liability based either on wage withholdings or installment payments of your estimated tax liability. To avoid penalties, you generally must pay to the IRS either 90% of your final tax liability, or either 100% or 110% of the prior year’s tax liability, depending on your adjusted gross income.

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