Article Date:
October 2019


Word Count:
1054

 

 

How to Deduct Assisted Living and Nursing Home Bills


Watch your wallet: the median cost in 2018 for an assisted living facility was $48,000 and over $100,000 for nursing home care.1

 

If you could deduct these expenses, you’d substantially reduce your income tax liability—possibility down to $0—and dramatically reduce your financial burden from these costs.

 

As you might expect, the rules are complicated as to when you can deduct these expenses. But we’ll break them down for you and explain when you can claim the costs as medical expenses. ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee

Bradford Tax Institute

 
Subscription Services
4040 Civic Center Drive, Ste. 200
San Rafael, CA 94903
Telephone: (415) 446-4340

contactus@bradfordtaxinstitute.com
 
Editorial
1701 Pennsylvania Avenue, N.W., Suite 300
Washington, DC 20006
Telephone (202) 652-2293
Fax (202) 580-6559
contactus@bradfordtaxinstitute.com
 
© 2025 Bradford Tax Institute