Caregiver Tax Benefits in Raleigh, NC

Are There Tax Deductions Available for Family Caregivers in Raleigh, NC?

Caring for a loved one is one of the most meaningful roles you can take on—but it often comes with emotional and financial stress. If you’re a family caregiver in Raleigh, NC, you might be wondering: Are there any tax deductions or credits that can help?

The good news is—yes, there are potential tax benefits that may ease some of the financial burden. Here’s what you need to know about caregiver tax deductions and how they could apply to your situation.

1. Can You Claim Your Loved One as a Dependent?

In some cases, you may be able to claim your parent, spouse, or another loved one as a dependent—even if they’re not your child. To qualify under IRS guidelines:

• They must be a U.S. citizen, national, or resident.
• They must have lived with you all year (unless related in another way that qualifies).
• Their gross income must be under $4,700 (for 2024).
• You must have provided over 50% of their financial support.

This is especially helpful for adult children supporting aging parents in the Raleigh area, where the costs of healthcare and daily living are increasing.

2. Medical Expense Deductions

If you itemize deductions, you may be able to deduct medical expenses you paid on behalf of your loved one—even if you can’t claim them as a dependent—if:

• You provided more than 50% of their financial support.
• The expenses were out-of-pocket and considered qualified by the IRS.

Eligible expenses may include:

• In-home caregiving services
• Prescription medications
• Medical supplies and safety equipment
• Nursing or respite care
• Equipment like hospital beds or wheelchair ramps

At Griswold Home Care Raleigh, many of our clients keep detailed expense records for this very reason—and we’re happy to provide receipts and care logs.

3. Child and Dependent Care Credit

This credit isn’t just for children. If your loved one is unable to care for themselves and qualifies as your dependent, you may be eligible for this credit if you paid for care in order to work or look for work.

• You may receive up to 35% of qualifying care expenses (up to $3,000 for one dependent or $6,000 for two or more).
• Care can be provided at home, at an adult day center in Raleigh, or by a licensed home care agency like Griswold.

4. Flexible Spending Accounts (FSA) & Health Savings Accounts (HSA)

If your employer offers an FSA or HSA, you may be able to use those funds tax-free for caregiving-related expenses. This can include:

• In-home care services
• Medical devices and supplies
• Transportation to medical appointments

Check with your HR or benefits provider to see which expenses qualify.

5. Keep Detailed Records

Regardless of which tax benefits you qualify for, documentation is crucial. Be sure to track:

• Receipts for all care-related purchases
• Mileage logs for trips to medical appointments
• Invoices or contracts from home care providers
• Proof of financial support (e.g., bank statements)

At Griswold Home Care Raleigh, we provide clear, organized service logs and invoices to help our clients stay tax-prepared.

6. Work with a Raleigh-Based Tax Professional

Caregiver tax deductions can be complex and may change year to year. That’s why it’s wise to work with a local Raleigh tax advisor who understands both federal tax law and North Carolina-specific rules. A professional can help you:

• Maximize available credits
• Ensure compliance with IRS guidelines
• Avoid costly errors

Partner with Griswold Home Care Raleigh

At Griswold, we believe caregiving should be less stressful and more supported. We’ve helped hundreds of families across the Triangle area navigate the practical and emotional challenges of home care.

If you’re ready to find affordable, compassionate help for your loved one—or just need guidance on next steps—we’re here for you.

Contact Griswold Home Care Raleigh today for a free care consultation.