What is the name of your state? TX
I was the legal POA/guardian/caretaker for my sick aunt last year. Due to the seriousness of her illness, she was placed in a nursing home for the last few months of her life. I paid the nursing home costs (insurance won't pay) out of a joint bank account that we had set up years earlier. The account is now legally mine (since her death).
Do I claim her as a dependent and deduct the thousands I paid for her care under myself?
or
Do I get an estate tax ID and deduct under her estate?
There are no outstanding debts with her estate and the house was sold under a trust. No other items are pending other than her taxes which I don't have to file since she gets such a small return.
Thoughts?
I was the legal POA/guardian/caretaker for my sick aunt last year. Due to the seriousness of her illness, she was placed in a nursing home for the last few months of her life. I paid the nursing home costs (insurance won't pay) out of a joint bank account that we had set up years earlier. The account is now legally mine (since her death).
Do I claim her as a dependent and deduct the thousands I paid for her care under myself?
or
Do I get an estate tax ID and deduct under her estate?
There are no outstanding debts with her estate and the house was sold under a trust. No other items are pending other than her taxes which I don't have to file since she gets such a small return.
Thoughts?