Assisted living costs
$4,000-$7,000/mo
Can You Write Off Assisted Living Costs?
Short answer: Partly or fully, if the resident is chronically ill and the care follows a licensed practitioner's plan.
Medical costs are an itemized deduction only for the amount above 7.5% of your AGI, and only if your total itemized deductions beat the standard deduction ($16,100 single / $32,200 joint for 2026).
Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.
Assisted living costs
Typical range: $4,000-$7,000/mo
Individuals / Personal Taxes
Partly or fully, if the resident is chronically ill and the care follows a licensed practitioner's plan.
Business justification
Partly or fully, if the resident is chronically ill and the care follows a licensed practitioner's plan. Medical costs are an itemized deduction only for the amount above 7.5% of your AGI, and only if your total itemized deductions beat the standard deduction ($16,100 single / $32,200 joint for 2026).
Category
- Personal Tax Deductions