Have a Tax Question? Ask a Tax Expert
Hello, I would like to assist with your questions. I would have to say, a nearly $15,000 tax liability on only $50,000 seems high. Did you have other income?
First, I am a little confused. Is your grandson your dependent? If not, you cannot claim his college tuition even if you paid for it.
As for the other expenses, if they were necessary as part of a medical need, you could make an argument for such improvements as medical expenses; provided you have a qualifying disability.
Otherwise, all expenses you have mentioned are not expenses; rather, they are gifts to family members.
I hope I answered your question with sufficient detail, accuracy, and completeness based on the facts communicated. I would be happy to expand my answer should you need clarification, before you rate my response. If no additional information is needed, please rate my response, based on thoroughness and accuracy, rather than any good or bad news/content. We (the experts) are only compensated when an answer is accepted and rated with at least 3 stars; but my goal is your complete satisfaction and a 5 star rating. I appreciate your prompt response. Sincerely, ***** ***** Breecher, CPA.
Thank you for using Just Answer!