Senior Living and Your Taxes
Most don’t know that senior living is tax deductible, it is! Seniors that are interested in this deduction must qualify by receiving assistance with 2 activities of daily living. Bayshire can provide you with information from the care plan that will be needed for proof of the assistance we are providing. The deductible amount will vary from person to person and we recommend you reach out to your tax professional for assistance.
Bayshire is happy to assist you with documentation needed from our communities for these deductions to the best of your abilities. We in no way are able to help you complete your taxes as this is informational. We always recommend you reach out to your tax professional for assistance.