Can You Claim Your Elderly Parents on Your Taxes?

The Internal Revenue Service (IRS) allows you to claim your elderly parent as a dependent on a tax return as long as no one else does. If you choose to claim an exemption for your parent, you must also ensure that you are not an eligible dependent to another taxpayer. This restriction is effective even if the taxpayer who can claim you as a dependent chooses not to.

The post Can You Claim Your Elderly Parents on Your Taxes? appeared first on The TurboTax Blog.

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