The cost of senior living can be more manageable with veteran tax deductions. Depending on the type of services required, certain deductions are eligible to residents from the federal government.
Potential residents who have a certification from a physician may qualify for federal tax deductions.
Veteran tax deductions will also apply to the children of residents, as long as children claim the parent as a dependent.
Copperleaf will provide enough information to guide you on possible tax deductions, however we strongly recommend that you discuss these options a tax advisor.