Ask Experts Questions for FREE Help !
Ask
    LNixon1015's Avatar
    LNixon1015 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 16, 2012, 05:56 AM
    Are expenses of power of attorney tax deductible?
    I have general power of attorney and medical power of attorney for my sister who has Alzheimer's and is confined to a skilled care nursing home in another state. It is necessary for me to make periodic trips to consult with her medical providers. Are my travel expenses tax deductible? I do not claim her as a dependent.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 16, 2012, 02:31 PM
    Sorry, but if you do NOT claim here as a dependent, then the costs are NOT deductible UNLESS you are drawing a salary or fee for acting as her agent in these matters.

    Such fees would be considered self-employement income that must be claimed on Schedule C, which is where you could deduct the expenses you have cited.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Are Power of Attorney expenses deductible? [ 1 Answers ]

I incurred $4,000 of expenses taking care of my mother's property while she was in a nursing home. I would like to claim them as an itimized deduction.

Are executor expenses deductible on the NJ Inheritance Tax return [ 2 Answers ]

The will explicity states that the executor is not to receive a commission.

Are expenses incurred when trying to buy a house tax-deductible if you didn't get it? [ 3 Answers ]

In 2010, I tried to buy a house - made offer, offer accepted, began full inspections - but the financing fell through and the house was not purchased after all. Are the costs of the inspections tax-deductible if the house wasn't bought in the end? I can't find any info online about the tax issues...

Are relocation expenses tax deductible for F1 visa students? [ 1 Answers ]

I am and international student from Greece. Up until May 2008 I was doing my OPT under an F1 visa after I completed my Master's here in the US. Now I have to move from Ohio to Arizona to start my PhD. Are the relocation expenses in this case tax deductible or not?

Can College application expenses be tax deductible? [ 1 Answers ]

Can College application expenses be tax deductible (apps, AP scores,SAT scores and maybe even travel)? GArmistead

View more questions Search