Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Eldercare
Reply to "Cost—yikes!"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Can anyone comment on the 1099-type forms that you get from the Assisted living place for tax deductions (for medical care exceeding 7.5% of AGI?) I’ve had two SILs go through this. One’s mother had a golden LTC policy and only had to pay 2 months per year out of her own invested and growing assets. Another SIL told me that her parents received large statements on both AL and skilled nursing rooms, such that the 7.5% of AGI deduction meant that they really didn’t go through much of their assets. At the time, their CCRC buy-in was in the $400k range and SIL got 90% back for the estate settlement. Are there any other positive experiences? I’m thinking that the OP might have this experience depending on her parents’ income. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
