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Typically no. Unless your senior has a mental or developmental disorder, most states do not provide financial aid. However, Family Caregiver Support Program (FCSP), a federally supported program, provides services to help ease the financial burden of caregiving to a person 60 years and older. This program is available through your local department on aging. Although it usually doesn’t provide monetary aide, it can provide medical supplies, counseling, and education to help care for your senior.
You can, however, be eligible for various credits and deductions as a caregiver of your parent. Check out our Tax Tips for Caregivers Guide to learn more about these opportunities. Also be sure that your family member is taking advantage of our guide to senior tax tips.
