2007-08-30 14:00:14 · 6 answers · asked by Val & JuJu 1 in Business & Finance ➔ Taxes ➔ United States
If you are married and live together, your Joint return will give you credit for two exemptions and a larger Standard deduction. Her disability has nothing to do with that.
2007-08-30 14:15:18 · answer #1 · answered by ? 6 · 2⤊ 0⤋
Tax laws and rules are very confusing, aren't they? You can file a tax return jointly with your wife, and both of you will qualify for a personal exemption on the return.
If she has been deemed disabled by the Social Security office, she might qualify for a special tax credit on the return, but the rules for this are very strict, so you'll need to consult a tax professional.
If you have modified your home, say, for a wheel chair or so that she can get into and out of the bathtub, or other modifications... maybe a wheel chair ramp... you can claim the cost of these modifications as medical expenses on Schedule A (again, IF the Social Security people have ruled her to be disabled) in the year you did the modifications, subject to certain rules and limitations.
If she is able to work and takes a job, the company she decides to work for might be eligible for a tax break, based on her salary and the fact that she is disabled.
If she is drawing Social Security Disability and gets Medicare, you will definitely want to research some Medicare Advantage plans. They will give greater insurance coverage than regular Medicare, and sometimes the state will pay the premiums... if your income is low. Generally, the enrollment period for these plans is November through March, but it takes a long time to do the "homework" and know which plan is best for your particular needs.
2007-08-31 00:09:10 · answer #2 · answered by Peggy K 5 · 0⤊ 0⤋
You don't clsim your wife on a tax return, you file a joint return. If your wife is disabled (officially, like on social security or a state disability program) and you have to put your wife in "day-care" so you can work to earn income, you can qualify for the day-care credit. You realy have to have your ducks in a row on this one since it would be pretty easy for it to flag an audit, so make sure you consult a tax preparer before you try to claim this credit so you can show them your documentation and take advantage of their guarantees.
2007-08-30 23:51:42 · answer #3 · answered by Patrick S 3 · 0⤊ 0⤋
You and your wife can file a joint tax return whether or not you both have earned income. You'll take two exemptions on the return, one for each of you.
2007-08-30 22:30:08 · answer #4 · answered by Judy 7 · 1⤊ 0⤋
What?
Ring the IRS, or ask her doctor!
Don't you realise that she would do the same for you?
Or find out what she could do to ease the financial burden. Don't be so helpless. Look in the directory. Ask around.
2007-08-30 21:14:04 · answer #5 · answered by WomanWhoReads 5 · 0⤊ 1⤋
yes on your taxes
2007-08-30 21:08:00 · answer #6 · answered by zaniya 3 · 0⤊ 1⤋