IRS tax guide for Education
https://www.irs.gov/pub/irs-pdf/p970.pdf


CA 529 Plan (QTP)
https://www.scholarshare529.com/
no annual limit on the amount you may contribute. However, there is an overall maximum account balance limit of $529,000, which applies to all accounts opened for a beneficiary.

need to file a gift tax return if exceeds $15K a year

Expenses for special needs services needed by a special needs beneficiary must be incurred in connection with enrollment or attendance at an eligible postsecondary school.

up to $10K for K-12
up to $10K for student loan payment
rollover to ABLE account up to $15K per year




ESA account - $2K per year per beneficiary, $110K or 220K income limit for parents, also for K-12, no age limit (18 & 30) for special needs beneficiary, Special needs services for a special needs beneficiary.

https://www.savingforcollege.com/coverdell_esa_providers/

https://www.savingforcollege.com/article/top-5-mistakes-to-avoid-when-using-a-coverdell-esa



Financial Aid for College
https://studentaid.ed.gov/sa/fafsa

https://www.savingforcollege.com/article/how-7-different-assets-can-affect-your-financial-aid-eligibility?page=3


CalSavers Program (Roth IRA at workplace in CA) - New in 2020 - mandatory but can opt out
https://saver.calsavers.com/

Traditional IRA vs. Roth IRA (Maximize contribution for 401(k), 403(b), etc.)

SEP IRA for self-employed
https://www.irs.gov/pub/irs-pdf/p560.pdf

Backdoor Roth IRA for high income taxpayer by using non-deductible Traditional IRA
https://www.schwab.com/resource-center/insights/content/income-too-high-roth-ira-try-these-alternatives?src=RCA&ef_id=CjwKCAiA4o79BRBvEiwAjteoYFOxbLDyk1OmiSy-rwRBFYSg4QRxCopgRY39fscM4nZxBbkeCBPg6hoCkuEQAvD_BwE:G:s&s_kwcid=AL!5158!3!341293353744!p!!g!!backdoor%20ira!194428220!70693370321&keywordid=kwd-643088288845&gclid=CjwKCAiA4o79BRBvEiwAjteoYFOxbLDyk1OmiSy-rwRBFYSg4QRxCopgRY39fscM4nZxBbkeCBPg6hoCkuEQAvD_BwE


IRS tax guide on IRA contributions - no more age limit
https://www.irs.gov/pub/irs-pdf/p590a.pdf

IRS tax guide on IRA distributions - RMD at 72 now
https://www.irs.gov/pub/irs-pdf/p590b.pdf



IRS tax guide for Persons with Disability
(for the details on ABLE account ) - up to $15K a year + earned income up to $12K
rollover from 529 to ABLE account - up to $15K a year until 2025
https://www.irs.gov/pub/irs-pdf/p907.pdf

DOR - for community college and state university in CA
https://www.disabilityrightsca.org/system/files?file=file-attachments/557201.pdf

IRS tax guide for Medical expenses (have to exceed 7.5% of AGI for itemized deduction)
https://www.irs.gov/pub/irs-pdf/p502.pdf
Special Education - You can include in medical expenses fees you pay on a doctor's recommendation for a child's tutoring by a teacher who is specially trained and qualified to work with children who have learning disabilities caused by mental or physical impairments, including nervous system disorders. You can include in medical expenses the cost (tuition, meals, and lodging) of attending a school that furnishes special education to help a child to overcome learning disabilities. Overcoming the learning disabilities must be the primary reason for attending the school, and any ordinary education received must be incidental to the special education provided. Special education includes:
• Teaching Braille to a visually impaired person,
• Teaching lip reading to a hearing disabled person, or
• Giving remedial language training to correct a condition caused by a birth defect.
You can't include in medical expenses the cost of sending a child with behavioral problems to a school where the course of study and the disciplinary methods have a beneficial effect on the child's attitude if the availability of medical care in the school isn't a principal reason for sending the student there.





IRS tax guide for Child & Dependent Care expenses - no age limit for the disabled
https://www.irs.gov/pub/irs-pdf/p503.pdf



IRS tax guide for HSA (Health Savings Account) - OTC medications & menstrual supplies qualify for HSA , FSA, HRA
https://www.irs.gov/pub/irs-pdf/p969.pdf


Q & A's on CAL ABLE account
https://www.treasurer.ca.gov/able/resources/factsheets/factsheet-extensive-en-us.pdf

https://www.calable.org/

https://ca.db101.org/ca/situations/workandbenefits/assets/program.able.htm#trusts


https://www.dhcs.ca.gov/services/Pages/TPLRD_ER_cont.aspx
(CA Estate Recovery Program for Medi-Cal beneficiaries)




Social Security Benefits For Children With Disabilities
https://www.ssa.gov/pubs/KOR-05-10026.pdf
(한글)
https://www.ssa.gov/pubs/EN-05-10026.pdf
(영어)
Red Book for employment support
https://www.ssa.gov/pubs/EN-64-030.pdf

1-800-772-1213 8 am to 7 pm weekdays (한국어 통역사 가능)
https://www.ssa.gov/multilanguage/InterpServ/INTRPOL-KOR.pdf




Special Needs Trust
https://ca.db101.org/ca/situations/workandbenefits/assets/program2d.htm

https://store.nolo.com/products/special-needs-trusts-spnt.html/

https://www.specialneedsalliance.org/the-voice/taxes-and-special-needs-trusts-2/

https://www.ablenrc.org/wp-content/uploads/2020/05/2020_SNT_ABLE_comparison_08.20.pdf


Conservatorship
http://www.courts.ca.gov/selfhelp-conservatorship.htm
https://www.courts.ca.gov/documents/handbook.pdf






DOR Student Services for Youth (Student for 16 to 21 yo)
https://www.dor.ca.gov/Home/StudentServices


Educational and Training Services through the California Department of Rehabilitation Fact Sheet
https://www.disabilityrightsca.org/system/files?file=file-attachments/557201.pdf


Autism Student Support Program at CSUEB
http://www.csueastbay.edu/clp/


Other tips

Community Vs. Separate Property and Step Up Basis
https://www.cpajournal.com/2017/08/18/greatest-hits-community-property-step-basis/

https://www.nolo.com/legal-encyclopedia/free-books/avoid-probate-book/chapter6-5.html

https://www.nolo.com/legal-encyclopedia/california-avoiding-probate-31838.html#:~:text=Living%20Trusts,(called%20a%20successor%20trustee).



Medi-Cal

https://www.caadvocacygroup.com/articles/2018/6/20/institutional-deeming-full-scope-medi-cal-for-your-child
https://www.disabilityrightsca.org/system/files/file-attachments/506301Ch13.pdf

Alameda County
https://www.alamedasocialservices.org/public/services/medical_and_health/families_with_children.cfm

Santa Clara County
https://www.sccgov.org/sites/ssa/health-coverage/Pages/medi-cal-program.aspx



Other Benefits for Medi-Cal Beneficiaries

IHSS (not taxable if living together)
https://ttlc.intuit.com/community/after-you-file/discussion/how-and-where-to-post-claim-irs-notice-2014-7-excludable-income/00/693371

https://www.irs.gov/individuals/certain-medicaid-waiver-payments-may-be-excludable-from-income

https://www.ftb.ca.gov/file/personal/income-types/in-home-support-services.html




https://www.cdss.ca.gov/ihss-for-children

Alameda County
https://www.alamedasocialservices.org/public/services/elders_and_disabled_adults/in_home_Supportive_services.cfm

Santa Clara County
https://www.sccgov.org/sites/ssa/other-services/ihss/Pages/ihss.aspx

https://www.californialifeline.com/en/eligibility_requirements (무료 전화)

https://www.pge.com/en_US/residential/save-energy-money/help-paying-your-bill/longer-term-assistance/care/program-guidelines.page (PG & E 할인 혜택)

Amazon Prime membership discount
https://www.amazon.com/b/?ie=UTF8&node=16256994011&tag=googhydr-20&hvadid=381655816726&hvpos=&hvexid=&hvnetw=g&hvrand=3855266767682551031&hvpone=&hvptwo=&hvqmt=b&hvdev=c&ref=pd_sl_5q12wfs5y7_b


tax tips for 2020

up to $100K, no penalty, 3 year spread for retirement fund distribution due to Covid-19
https://www.irs.gov/newsroom/coronavirus-related-relief-for-retirement-plans-and-iras-questions-and-answers

$300 헌금 &기부금 above the line deduction for 2020 for every taxpayer (even with standard deduction)

대한민국 국세청 2020 재미납세자를 위한 한미 세금상식
https://overseas.mofa.go.kr/us-losangeles-ko/brd/m_4369/view.do?seq=1346305&srchFr=&srchTo=&srchWord=&srchTp=&multi_itm_seq=0&itm_seq_1=0&itm_seq_2=0&company_cd=&company_nm=&page=1



IRS 통역 서비스
800-829-1040 7 am to 7 pm weekdays
https://www.irs.gov/ko/help/information-about-federal-taxes-korean (Korean)


Bonus website for youth - both students and parents
https://www.calcareercenter.org/Home/Content?contentID=218

Paid Family Leave (CA EDD)
https://edd.ca.gov/disability/Paid_Family_Leave.htm

Paid Sick Leave (CA)
https://www.dir.ca.gov/dlse/paid_sick_leave.htm

https://www.dir.ca.gov/dlse/Comparison-COVID-19-Paid-Leave.html


For 2020 tax changes summary
https://www.kiplinger.com/slideshow/taxes/t055-s011-tax-changes-and-key-tax-amounts-for-2020/index.html

Tax Reform Basics for Individuals and Families
https://www.irs.gov/pub/irs-pdf/p5307.pdf
CA non-conformity on home mortgage interest deduction limit