Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Tax filing status- one parent in nursing home
Old 10-23-2010, 11:46 PM   #1
Full time employment: Posting here.
Join Date: Mar 2008
Posts: 691
Tax filing status- one parent in nursing home

Like many, we are now dealing with elder care issues, and have lots to learn!

FIL is now in nursing home. MIL still at home. They did not have sufficient income to have to file or pay taxes in past recent years as joint filers.

Now that he is in a nursing home, do they need to consider filing as married but seperate? Or can they keep joint status?

Taking it one step further, MIL just had a stroke, and may end up in nursing home this year yet. If so, and they are at same facility but sperate rooms, then what would filing status be?

bizlady is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-24-2010, 01:49 AM   #2
Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 3,070
see flow chart on p. B2 here
Looks like they can still do MFJ if they wish .

kaneohe is offline   Reply With Quote
Old 10-24-2010, 02:10 AM   #3
Thinks s/he gets paid by the post
SecondCor521's Avatar
Join Date: Jun 2006
Location: Boise
Posts: 2,685
Joint (MFJ) versus separate (MFS) is not a matter of whether they are living together or apart. It is a matter of how a married couple chooses to be treated under the tax law.

Generally speaking, a couple that is married at the end of the calendar year can file either MFJ or MFS. Also generally speaking, MFJ is more likely to result in a lower tax bill than MFS.

As kaneohe says, whoever is doing their taxes should check the official IRS rules to be absolutely certain, but in all likelihood they can and should file MFJ.

"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
SecondCor521 is online now   Reply With Quote
Old 10-24-2010, 08:27 AM   #4
Thinks s/he gets paid by the post
jIMOh's Avatar
Join Date: Apr 2007
Location: Milford, OH
Posts: 2,085
Your choices are MFJ or MFS for in laws
choose whichever one is most advantagous.

A second consideration is look under the DEPENDENCY provisions and see if you can claim them as dependants (might help your tax bill and impact the in laws bill very little).
Light travels faster than sound. That is why some people appear bright until you hear them speak. One person's stupidity is another person's job security.
jIMOh is offline   Reply With Quote
Old 10-24-2010, 10:26 AM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 6,036
The nursing home expenses are, generally, deductible medical expenses while assisted living or adult foster care not. I expect that MFJ will be the best option for them and if your experiance was like ours they will have no Federal or State tax liability.
Duck bjorn.
Brat is offline   Reply With Quote

filing status, nursing home, taxes

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Buying home from parent virginia Other topics 2 03-06-2010 05:06 PM
PACE programs - alternative to nursing home care simple girl Health and Early Retirement 0 04-17-2008 06:54 AM
Nursing Home Bar REWahoo Other topics 12 11-22-2005 06:49 PM
Married Filing Separately Status cube_rat Young Dreamers 11 11-18-2005 07:11 AM


All times are GMT -6. The time now is 10:16 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.