Janitor Bob Posted March 23, 2013 Report Posted March 23, 2013 Elderly client was hospitalized end of 2011, was allowed to come home in early 2012, but only is she had assistance. Per Doctor's instruction, she has registered nurses come to her home twice daily to check vitals and prepare/administer medications. These nurses do not perform any non-medical tasks. Does this sound like a deductible medical expense? Quote
Yardley CPA Posted March 23, 2013 Report Posted March 23, 2013 Yup, deductible medical expense. Quote
Janitor Bob Posted March 23, 2013 Author Report Posted March 23, 2013 I thought so too...but wow.....$43,000 Quote
Jack from Ohio Posted March 23, 2013 Report Posted March 23, 2013 Yup, deductible medical expense. I thought so too...but wow.....$43,000 Agree, and the amount is not unusual. Compare that to approx $80K to stay in a nursing home. Quote
Janitor Bob Posted March 23, 2013 Author Report Posted March 23, 2013 True...unfortunate, but true Quote
Lion EA Posted March 23, 2013 Report Posted March 23, 2013 I have an client who spends over $100,000 on his home health care aides. Takes out that amount from his IRA each year. His federal return balances out nicely with the income and the deductions. But he owes a bundle to the state which does not have itemized deductions! And, he'll be out of money next year. So sad. Quote
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