I've got a couple questions pertaining to how/if a disabled adult child receiving disability benefits will affect our tax situation. Any info would be hugely appreciated.
I won’t give you advice because I know just enough to be dangerous, but be prepared to determine if his or her benefits plus any other income exceeds 50% of the total costs to support him or her. The benefits are likely not taxable income to anyone, but you may or may not get an exemption.
Does adult child mean a developmentally disabled person over 18?