Tax credit for caregiving

March 7, 2009 by  
Filed under News

Make sure that you talk to the person who prepares your taxes about the possibility of a dependent credit for caring for a relative. According to an Associated Press release, there is a possibility of claiming caregiving expenses if the person or person’s like elderly parents cannot care for themselves. It is worth a try. All of us that provide caregiving services use our own funds due to the inability of our care receiver to pay or our inability to continually ask for payment for groceries, bills paid, etc. That is why there needs to be more legislation to help family caregivers who provide time, money, and care that would cost the state or federal government much more.

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