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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

Are there any tax breaks for the elderly? Your definitive guide to senior tax benefits

According to the U.S. Census Bureau, approximately one in six Americans is over 65, navigating life on a fixed income with rising costs. A crucial part of financial planning for this demographic is understanding tax obligations and benefits. The question, **are there any tax breaks for the elderly**, is a common and important one, and the answer involves several avenues for potential savings.

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4 min

Are there tax credits for elder care?

According to AARP, family caregivers spend an average of $7,242 out-of-pocket annually on caregiving-related expenses, highlighting the immense financial strain. Fortunately, for those shouldering this burden, the question, "Are there tax credits for elder care?" can have a reassuring answer, provided you meet certain criteria set by the IRS.

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