Special Needs Tax Planning

Special Needs Tax Planning

It can be overwhelming to plan for a child or a dependent who has unique medical considerations.  As a special needs parent, I understand the complexities that go into  being a parent of a child with Autism.  Macomb Income Tax has partnered with Stalt Financial, a firm that focuses on Special Needs Financial Planning.

What 90% of Tax Preparers Don’t Know:

You can include in medical expenses the cost (tuition, meals, and lodging) of attending a school that furnishes special education to help a child to overcome learning disabilities. Overcoming the learning disabilities must be the primary reason for attending the school, and any ordinary education received must be incidental to the special education provided. Special education includes:
Teaching Braille to a visually impaired person,
Teaching lip reading to a hearing disabled person, or
Giving remedial language training to correct a condition caused by a birth defect.