Caregiver exemption subletting Hi,
Thank you for taking the time to read this.
I am living in my mothers house in Massachusetts. I am on SSDI. I took care of my mother, who is now in a nursing home. Medicaid allowed the caregiver exemption that lets me stay in her house, pay all the bills (mortgage, taxes, utilities...) and keep her house out of the assets that Medicaid takes when someone goes into a nursing home.
I need to have someone move in to share expenses.
1. Is that taxable income?
2. If so, in what category?
3. Is there a limit on what I can take in, below the cost of the total household expenses?
Any additional information, tips or suggestions would also be appreciated.
Thank you again. |