More than a million Americans live in nursing homes, according to various reports. If you have a parent entering one, you’re probably not thinking about taxes. But there may be tax consequences. Let’s take a look at five possible tax breaks. 1. Long-term medical care The costs of qualified long-term care, including nursing home care,
long term care Archives - Crawford Ellenbogen
Aug 2, 2023
Moving Mom or Dad into a nursing home? 5 potential tax implications
- By Victor Dozzi
- Taxes
- 0 Comments
Read More