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Tax Tips for Caregivers


If you're a family caregiver who has given up much of your time to care for your loved one, you may not have anticipated spending your own money to do so. Some 42 percent of family caregivers spend more than $5,000 on unreimbursed care for loved ones. Fortunately, there is some light at the end of the tax year: deductions and credits.

With the IRS filing deadline only a week away, we thought we'd feature these valuable tips for Caregivers who may be struggling with their tax returns.

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