5 Tax Deductions & Credits For Special Needs Families

Parents of children with special needs often have unique financial concerns, and one way to ease those concerns is to reduce their tax burden. There are many tax deductions and credits available that parents may not be aware of. Parents of children with special needs should familiarize themselves with the deductions and credits and take care to document all expenses related to their children’s medical expenses, development and therapy. Here are 5 useful tax deductions and credits for parents of children with special needs. 1. Medical & Therapy Expenses The first type of deduction to consider is for medical and therapy…

Source: 5 Tax Deductions & Credits For Special Needs Families

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