There are a significant amount of tax benefits for disabled taxpayers, as well as parents of disabled children. This article will detail a number of tax credits and/ or benefit that one may qualify for. The most common tax benefits for disabled taxpayers Increased Standard Deduction Since a change in the law more than 35 …
ABLE Accounts
Tax Benefits For People With Disabilities
Individuals with disabilities as well as parents of disabled children are eligible for a number of income tax benefits. This article explains some of these tax breaks. Disability tax breaks ABLE Accounts A federal law allows states to offer specially designed, tax-favored ABLE accounts to people with disabilities. Qualified ABLE programs provide the means for individuals and …
