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If you charge your sister for services provided as caregiver you will not be able to claim her as your dependent. If you are her legal guardian she cannot be your employer.
You could look into some state programs if you qualify to receive any compensation for taking care of her. Check here:
Those payments would be nontaxable, unlike payments from your sister that would be subject to 15.3% self employment tax, and would qualify you for Earned income credit.