Hello,
Want to be sure I do this correctly. With all the new changes, not sure. So, let me please ask:
Our son, way, way over 17, lives with us. No employment, or income.
We provide everything; free room and board, etc.
We have been taking out for him a yearly Individual Blue Cross medical insurance policy.
Will probably be itemizing, as lots of medical expenses (Sr. Citizens now).
On the $500 Dependent option (not sure what it is called), can we deduct the cost of his medical insurance ? [not the under 17 child credit section, as he's over 17]
Where would it be done ? How ?
As always, Thanks, B.