Adler Firm, PLLC
Free Consultation - Call 24/7
888-873-7173

Tax benefits to help a child with disabilities

When children need extra help, parents sometimes count every penny which comes into their Michigan home. Although parents may cringe at the thought of tax season, they may have access to more tax benefits because of their child’s disability. A previous blog discussed earned income tax credit. This week will focus on other kinds of tax benefits.

Parents may sometimes deduct the costs of sending their children to special schools. According to the Journal of Accountancy, these usually fall under medical expenses and can include situations in which a child uses a unique curriculum, learns communication skills such as lip reading or gains the skills needed to keep up in a classroom. Sometimes parents may be able to deduct the cost of a private tutor. Additionally, disabled children can be claimed as dependents if they are completely disabled. In these cases, the usual age restrictions typically do not apply.

Medical expenses are usually deductable. MyChildWithoutLimits.org says that these expenses can include making medically necessary changes to a home and travel to appointments. In some cases, lodging can be a deductible expense if a family needed to travel for medical care. Additionally, the cost of traveling to and attending a medical conference can generally be deducted. If parents hire a caregiver for their child, they may be able to receive a child care credit. Adopting a disabled child can also be a tax deduction. This is sometimes dependent on a family’s income.

Because parents of disabled children can easily acquire many expenses related to the children’s care, it is recommended that parents keep detailed records. This can help them keep track of how much they spent taking a child to appointments, and also serve as a reminder for smaller expenses which might be forgotten. Parents may want to keep these records for up to six years.

 

No Comments

Leave a comment
Comment Information
Request A Free Consultation

Representing Michigan injured workers since 1979.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Traverse City Office
13561 S West Bay Shore Drive
Suite 301
Traverse City, MI 49684

Toll Free: 888-873-7173
Phone: 231-943-2300
Fax: 231-943-2299
Map & Directions

Farmington Hills Office
30300 Northwestern Highway
Suite 304
Farmington Hills, MI 48334

Map & Directions

Adler Firm, PLLC