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Tax Credit Tips for Seniors: How to Claim Caregiver Tax Deductions Christina Morales

July 24th, 2014 | 0

Tax Credit TipsMedical bills can quickly add up, so it is important to know what financial breaks are available to you as a senior or as a caregiver to a senior. Are you making the most of the tax credits that you qualify for?

As a senior, there are a variety of medical expenses that can be claimed on your tax return for either tax deductions or credits: dental work, transportation to various doctors’ appointments, health insurance premiums, and long-term care costs should all be reported to your tax preparer.

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