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DLong157 Asked November 2016

Is there a tax issue?

My husband now lives with my child as I can not care for him. I send money to my child for all his expenses. Will there be any tax implications that we need to plan for. Or can we file like we always have?

EXPERT Carol Bradley Bursack, CDSGF Nov 2016
I would have a CPA do the taxes. If they can be figured two or three different ways (legally) that will be done and you'll get the best filing. This will also keep you out of trouble and if you get audited you'll have someone on your side. It's worth the money.
Warmly,
Carol

pamstegma Nov 2016
If I were you, I would continue to file a joint return, claim both of us and make sure sonny boy does not try to claim him as a dependent.

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Rainmom Nov 2016
Plus a good accountant can figure out medical and care deductions that you might not have considered on your own.

gladimhere Nov 2016
Are you paying the child for the care? You should have a care agreement that states what will be provided and what you are paying for. Child should separate his expenses, even a separate account, keep all receipts just in case Medicaid should ever become involved. Document everything! See an elder law attorney for help with setting everything up correctly.

freqflyer Nov 2016
DLong, I would hire a tax accountant to do your taxes, as when it comes to caregiving, expenses, etc. it can become quite a maze.

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JoAnn29 Nov 2016
I agree. You need a CPA. Your child would have to prove 50% of his/her Dad's support to claim him. I hope you wrote checks to prove what u gave child.

Rosebush Nov 2016
If you have a good relationship with your children and you pay your dads expenses and your children are agreeable to your claiming your dad and not them, then do it. I think more on the positive side then the negative. Would check IRS requirements though 😊

Dad_Was_Robbed Nov 2016
As long as you're paying for his care, you can report that in your filing and claim him as a dependent

BarbBrooklyn Nov 2016
To my knowledge, you can NEVER claim a spouse as a dependent.

You really need to see a tax professional about this and make sure that you and your child are on the same page. You need to make sure that the payments for your husbands care are being made properly (i.e., there is a caregiver contract in place, or that you are paying an agency directly) so that those expenses are deductible.

Llamalover47 Nov 2016
I would let a good CPA prepare the tax return.

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