Politics & Government

April 9, 2014

Time running out for parents of disabled adults to claim retroactive tax refund

Parents who provide home care for disabled adult children are eligible for retroactive tax refunds dating back to 2010 — but time is running out to claim some of that money. A new IRS ruling allows these parents to claim state assistance as nontaxable income. These “difficulty of care” payments will now be treated the same as foster care payments. With the 2014 ruling, the parents are eligible to amend tax returns that date back to 2010. However, the deadline to amend 2010 tax returns is April 15.

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