Jump to Navigation

Tax Benefits For Families With Special Needs Children

If you are a parent of a special needs child, regardless of their age, you may be entitled to tax exemptions you are not aware of.

According to a recent article in the Journal of Accountancy, "15% to 30% of families with a disabled child have one or more unclaimed tax benefits.  Among these potential tax benefits are deductions or credits for the dependency exemption, medical expenses, special instruction, capital expenditures for medically required home improvements, impairment-related work expenditures, and the earned income tax credit."

The article in the Accountancy Journal, "Potential Income Tax Benefits for Families With Special Needs Children," provides detailed guidance to aid parents in maximizing their tax exemptions. 

No Comments

Leave a comment
Comment Information
2015 top 100 lawyer ASLA
Avvo Rating Excellent Top Attorney Estate Planning
Subscribe To This Blog's Feed

Contact Form

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

FindLaw Network