Comments on: Getting Paid for Family Caregiving http://eldercareabcblog.com/getting-paid-for-family-caregiving/ Created by caregivers for caregivers Sat, 31 Jul 2010 14:55:42 -0600 http://wordpress.org/?v=2.9.2 hourly 1 By: Laurie Reed http://eldercareabcblog.com/getting-paid-for-family-caregiving/comment-page-2/#comment-3663 Laurie Reed Sat, 20 Mar 2010 16:51:49 +0000 http://eldercareabcblog.com/?p=3832#comment-3663 I am caring for my elderly Alzheimer's mother in my home. I was guided in the creation of an Elder Care Agreement/ Personal Service Contract. She has been paying monthly. As I file my IRS tax forms, I am reporting this as "Other Income" - but I am concerned that it may trigger self-employment tax consequences. Anyone know about this? Thanks I am caring for my elderly Alzheimer’s mother in my home. I was guided in the creation of an Elder Care Agreement/ Personal Service Contract. She has been paying monthly.

As I file my IRS tax forms, I am reporting this as “Other Income” – but I am concerned that it may trigger self-employment tax consequences.

Anyone know about this? Thanks

]]> By: Christmas hamper Melbourne http://eldercareabcblog.com/getting-paid-for-family-caregiving/comment-page-2/#comment-3232 Christmas hamper Melbourne Wed, 30 Dec 2009 10:28:59 +0000 http://eldercareabcblog.com/?p=3832#comment-3232 The first thing you will need to find out is does she have short term or long term disability as these are the first options to take time off and still receive some type of income. The FMLA (family medical leave act) as it is known only allows you to take time off but you do not get paid for the time you take and you can only take up to 12 weeks per year. She will need to go to the doctor to be eligible for disability and must provide a doctors note to the employer as well as the state for benefits. There are a lot of questions to be answered and the first one is for her to get to the doctor and find out for sure what her condition is. The first thing you will need to find out is does she have short term or long term disability as these are the first options to take time off and still receive some type of income. The FMLA (family medical leave act) as it is known only allows you to take time off but you do not get paid for the time you take and you can only take up to 12 weeks per year. She will need to go to the doctor to be eligible for disability and must provide a doctors note to the employer as well as the state for benefits. There are a lot of questions to be answered and the first one is for her to get to the doctor and find out for sure what her condition is.

]]> By: Mindy Stein http://eldercareabcblog.com/getting-paid-for-family-caregiving/comment-page-1/#comment-3220 Mindy Stein Tue, 29 Dec 2009 20:02:22 +0000 http://eldercareabcblog.com/?p=3832#comment-3220 One should also consider meeting with an elder law attorney to discuss the establishment of a Personal Service Contract - the family member/caregiver can be the vendor, and the payment schedule is calculated based on services provided and the life expectancy of the elderly person. Life expectancy is based on the Social Security Life Expectancy tables. One should also consider meeting with an elder law attorney to discuss the establishment of a Personal Service Contract – the family member/caregiver can be the vendor, and the payment schedule is calculated based on services provided and the life expectancy of the elderly person. Life expectancy is based on the Social Security Life Expectancy tables.

]]> By: engraving sayings http://eldercareabcblog.com/getting-paid-for-family-caregiving/comment-page-1/#comment-3208 engraving sayings Mon, 28 Dec 2009 21:12:35 +0000 http://eldercareabcblog.com/?p=3832#comment-3208 Having to give up caregiving job of 19 years with same family where do I go from here? Having to give up caregiving job of 19 years with same family where do I go from here?

]]> By: admin http://eldercareabcblog.com/getting-paid-for-family-caregiving/comment-page-1/#comment-3188 admin Sun, 27 Dec 2009 14:44:37 +0000 http://eldercareabcblog.com/?p=3832#comment-3188 Your Message<a class="replyTo" href="#comment-3173" rel="nofollow">@Sharon Butler:</a> I think I would talk to a reputable insurance agent in your area and go from there. Your Message@Sharon Butler:
I think I would talk to a reputable insurance agent in your area and go from there.

]]> By: Sharon Butler http://eldercareabcblog.com/getting-paid-for-family-caregiving/comment-page-1/#comment-3173 Sharon Butler Wed, 23 Dec 2009 21:08:19 +0000 http://eldercareabcblog.com/?p=3832#comment-3173 Since you mentioned Long Term Care insurance, is there one you would recommend? How about Assisted Living insurance? Since you mentioned Long Term Care insurance, is there one you would recommend? How about Assisted Living insurance?

]]> By: Tweets that mention Getting Paid for Family Caregiving | Elder Care ABC -- Topsy.com http://eldercareabcblog.com/getting-paid-for-family-caregiving/comment-page-1/#comment-3161 Tweets that mention Getting Paid for Family Caregiving | Elder Care ABC -- Topsy.com Tue, 22 Dec 2009 19:57:10 +0000 http://eldercareabcblog.com/?p=3832#comment-3161 [...] This post was mentioned on Twitter by steve Joyce, elder care. elder care said: #eldercare Getting Paid for Family Caregiving | Elder Care ABC http://ow.ly/16corO [...] [...] This post was mentioned on Twitter by steve Joyce, elder care. elder care said: #eldercare Getting Paid for Family Caregiving | Elder Care ABC http://ow.ly/16corO [...]

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