I take care of his medicine copays and I am recently getting paid by agency to be his caregiver for 2 hrs . I also have 2 children I know I can claim anyhow but since I am in in Az how would I work it when i file online. He has list of medical problems but still hanging tough but he doesn't deal with the financials so it is all up to me his wife to handle this. I need more wisdom and support. Currently we recieve Foodstamps/Medicaid/Medicare. SO any input would be a delight once i get a chance to file at the end of this wk and since I can claim do I file as Head of Household instead ?
If someone qualifies to be your dependent then you are eligable to take credits that they may be eligable for and you get to take a deduction for $3650. If that person is your spouse then you want to file jointly. If you do that then the joint return inculdes all of the benefits of claiming them as a dependent and then several more.
JEANBIRD
Check out our Tax Tips for caregivers section to understand the tax laws and take advantage of the tax benefits that are available when supporting an elderly parent.
www.agingcare.com/Tax-Tips-for-Caregivers
Hopefully this will answer you tax question.
Also, here is an article related to claiming your parents as dependents.
https://www.agingcare.com/articles/Tax-Tips-for-Caregivers-Can-I-Claim-My-Elderly-Parent-as-a-Dependent-109238.htm
Karie H.
AgingCare.com Team