Expenses paid by mom, deducted by daughter

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  • Gretel
    Senior Member
    • Jun 2005
    • 4008
    #1

    Expenses paid by mom, deducted by daughter

    Just got this and pass this on.

    In TC Memo 2010-286 the IRS held that a daughter could deduct medical costs and real estate taxes paid by her Mom. The Court said that Mom made a “deemed gift” to the daughter
    Tags: None
    • Burke
      Senior Member
      • Jan 2008
      • 7068
      #2
      Yup, that has always been the case.

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