Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Client unable to manage financial affairs

Highlighted
Level 1
last updated ‎May 11, 2020 10:51 AM

My client lives in a Rehab Center and unable to manage financial affairs - has a court appointed guardian.  He receives a sizable pension from NYC plus Social Security.  It appears he will be paying all of his income towards his medical care and housing.  Is it necessary to file a tax return?

Labels (1)
0 Cheers
3 Replies 3
Highlighted
Level 15
Level 15
last updated ‎May 11, 2020 10:51 AM

If the pension and SS are enough income to create a filing requirement, yes.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Highlighted
Level 10
last updated ‎May 11, 2020 10:51 AM

How would the government know that he pays so much for medical care? All they see are his pension 1099-R and SSA 1099.

** I'm still a champion... of the world! Even without The Lounge.
Highlighted
Level 10
last updated ‎May 11, 2020 10:51 AM

Patients are in a rehab center to be rehabilitated and then discharged.  If they are permanently disabled, they go somewhere else.  If they need help managing their financial affairs, that's not necessarily a medical expense.  Way too little information here to figure out what's going on.  But in any case, a return must be filed (unless, of course, that NYS pension is a form of workers compensation).  

0 Cheers