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Assisted Living is Tax Deductible

Assisted Living is Tax Deductible

by Michael Gill | Jan 27, 2023 | Assisted Living, Finances in Senior Living, Memory Care

There is a little-known tax advantage enjoyed by some residents in Senior Living. Specifically, Assisted Living and Memory Care expenses may be tax deductible. This is about the only good news associated with the question of how to pay for long-term care. How much of...

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