Tax Benefits for Parents of Children With LD

Parents of kids with a severe learning disability may be eligible for valuable
tax benefits.
"Tax Benefits for Parents of Children With LD" from GreatSchools.net
Read Article By Michael O'Connor, Monroe Seifer and Juan Pelayo
Parents of children in the United States suffering from learning disabilities (LD) sometimes qualify for measurable tax deductions. Many may be unaware of significant benefits available to them.The IRS allows guardians of children with LD (which may include parents, grandparents, and other non-relative caretakers) to deduct the following medical expenses from their gross income: 1. Tuition for schools with programs designed to educate children with LD 2. Tutoring by a teacher qualified to deal with severe LD 3. Related instructional books and materials 4. Transportation expenses to the special school or tutor 5. Diagnostic evaluations by a psychologist, neurologist, or other qualified professional.
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