Can my mom use her stimulus check on home repairs that will aid her mobility?

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Gmaisthebest96 Asked February 2021

Can my mom use her stimulus check on home repairs that will aid her mobility?

My mom lives with us and lives in an in-law set up area. She's pretty independent (caregiver 3 days a week for showers and light housekeeping),
she uses a walker. We'd like to change a section of the flooring to make it safer for her moving around instead of avoiding it. She wants to have it fixed using her stimulus check but since it's my home we weren't sure if that was ok.

Elder Law Financial Planning Home Modification

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score 0 · Answer 1

Sounds like the perfect way to use it.

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score 2 · Answer 2

The stimulus check is not considered income to your mother. She can spend it any way she wishes to spend it. She cannot GIFT it to another without having the IRS come to question if she is on medicaid at all, but honestly I think they don't question an amount as small as 600.00. Most of us are getting this in ATM card. Your Mom can shove that in her bank's ATM and have 600.00 in her hands in seconds. She can go to a casino with it if she wishes, and she can pay for fixing a section of troublesome flooring as well.

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"She cannot GIFT it to another without having the IRS come to question if she is on medicaid at all..."

? why not ? Once cashed, how would anyone even know what it was spent on or who it was given to?

My understanding is this doesn't impact Medicaid or NH in any way (so long as the funds are spent within a year - it doesn't impact the limit on how much one can have.)

IRS gifting is somewhere around $15,000 per person per year. I hardly think the IRS is going to be asking anyone what they spent their funds on.

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score 1 · Answer 3

Yes-in fact that's kind of exactly WHAT the stimulus checks are for---sending the money back out into the world--giving small jobs to those in need.

We do not need ours and have simply found ways to gift it to people through hiring small business contractors to do jobs or simply donating it.

My daughter got hers and their car died that day. They were able to put a sizable down payment down on a new car.

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score 1 · Answer 4

Her money she can do with it what she wants.
(a side comment though look for the flooring that is waterproof or at least a 24 hour resistant to moisture.)

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score 0 · Answer 5

That's what it is for, to put back into the economy. Its sort of a tax free gift that you can do whatever you please with. I am pretty sure it won't effect Medicaid if ever needed.

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Doesn't impact anything, not Medicare, Medicare or even NH (some have tried to claim it, NO NO NO NO! - it is considered a tax refund, not income, so it doesn't increase your total income for the year, it doesn't reduce or increase your taxes for the year, it's just basically "free" money. It is solely for the use of the person who gets it. So, if she wants to spend it on flooring, have at it! Even if it was flooring in OP's space, mom gets to use it however she wants!

The only stipulation I've read about is that it must be spent within a year if one is on Medicaid (it does NOT impact the limit on savings, unless it goes beyond a year.)

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score 1 · Answer 6

She can use the check on whatever she wants. There are no rules.

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Can my mom use her stimulus check on home repairs that will aid her mobility?

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