The Medical Expense Tax Credit for other dependants (line 33199 of the federal return) is used to claim medical expenses for family members who are dependant on you financially, including children and grandchildren who are 19 or older.
Can I deduct medical expenses paid on behalf of someone else?
You can include medical expenses you paid for an individual that would have been your dependent except that: He or she received gross income of $4,300 or more in 2020; He or she filed a joint return for 2020; or. You, or your spouse if filing jointly, could be claimed as a dependent on someone else’s 2020 return.
Is a grandchild considered a dependent child?
Yes, if your grandchild meets the IRS tests for a qualifying child you can claim them as a dependent.
When to claim a non-dependent medical expense?
You can claim an exception for any of these people: A person who was your dependent either: When the service was performed. When the medical expense was paid A child of divorced or separated parents. This child is treated as a dependent of both parents.
Can a grandchild use a gift to pay medical expenses?
This is a key element of the exclusion. If an individual gives her grandchild $5,000 to pay medical expenses, the gift does not qualify under Section 2503 (e), even if the grandchild in fact uses the $5,000 for that purpose. Can I give a check to my child and let him or her use it to pay the expense?
Can a son claim medical expenses for his parents?
If the son can establish that he provides more than half of their support, then, despite the fact that he lives thousands of miles away in a different country, he may claim a deduction for all of the medical expenses he paid for his parents even though he does not claim them as dependents and his parents file their own separate tax return.
Can a grandchild be covered under a family health plan?
Since insurance companies allow children under 26 to be on insurance why cant I add my 21 year old granddaughter that lives with me and I support to my Medicare LOL. Obamacare told her she does not qualify because she has no income. Then I called to see how much and it was still too much for me.
