are my assisted living expenses tax deductible

In order for assisted living expenses to be tax deductible the resident must be considered chronically ill. You can deduct assisted living expenses if you or your spouse is a qualified individual.

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Yes assisted living expenses are tax-deductible.

. Depending upon Moms condition and with a bit of planning the assisted living facility costs might be tax deductible. Medical expenses including some long-term care expenses are deductible if the expenses are more than 75 percent of your adjusted gross income. Unfortunately not all assisted living costs have the possibility of being deducted however if you are living in a community dedicated to assisted living some of the expenses or fees can potentially be deducted to make this a more affordable option.

The IRS considers assisted living to be a medical expense and as such it is eligible for the medical expense deduction. This deduction can be taken on your federal income taxes. The Deductibility of Medical Expenses Section 213 of the Internal Revenue Code provides a tax deduction for medical expenses to the extent medical expenses exceed 10 of adjusted gross income.

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