For any service animal (an animal that is specially trained to assist a disabled person), costs of acquisition and training, harnesses and other accessories, food, and veterinary bills can be written off as a medical expense. This applies only to bona fide service animals and not emotional support animals.
@@TheTaxGeek Many people claim to have a service animal. Most are emotional support animals under the ADA. I’m familiar and competent on the ADA and confident in my professionally trained service animal that meets ADA requirements (unfortunately, as loose as they may be). Taxes start to get fuzzy and the internet gets wild when it comes to “legit” service dog write offs.
If you're talking about medical expenses, if you're claiming the grandchild as a dependent, yes. If the child is being claimed by their parents, no. If the grandchild is an adult whom you could claim as a dependent (i.e. you provide over 50% of their support) but whose income is over $4,400, you probably can.
2024 UPDATE:
For 2024, the Medical Mileage Rate is $.21/mile
Thanks, i didn't know in vitro fertilization are deductible.
Please explain service dog right offs!
For any service animal (an animal that is specially trained to assist a disabled person), costs of acquisition and training, harnesses and other accessories, food, and veterinary bills can be written off as a medical expense. This applies only to bona fide service animals and not emotional support animals.
@@TheTaxGeek Many people claim to have a service animal. Most are emotional support animals under the ADA. I’m familiar and competent on the ADA and confident in my professionally trained service animal that meets ADA requirements (unfortunately, as loose as they may be). Taxes start to get fuzzy and the internet gets wild when it comes to “legit” service dog write offs.
If you have the time to research, audience, and general appeal in niche scouting, this would be a fascinating topic to dig into!
How to deduct financial help to a grandchild
If you're talking about medical expenses, if you're claiming the grandchild as a dependent, yes. If the child is being claimed by their parents, no. If the grandchild is an adult whom you could claim as a dependent (i.e. you provide over 50% of their support) but whose income is over $4,400, you probably can.