Family 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. Read Health Care Stay up-to-date on open enrollment and health accounts related to taxes. Health Care 10 Things On Open Enrollment for 2023 Income What is FICA Tax? Life #UnidosWeGrow: Meet Dr Genesis Arizmendi Health Care Inflation Reduction Act of 2022 Health Care When Can You Claim a Tax Deduction for Health Insurance… Health Care How to Get Health Insurance as an Independent Contracto… Health Care What Does My New Health Insurance Mean for My Taxes? Health Care Health Insurance Marketplace Open Enrollment is Ending … Family Navigate taxes through big life moments: marriage, new baby, dependents and more. Family Can I Claim My Parents as Dependents? Family Who Can I Claim as a Tax Dependent? Life Tax Benefits for Having Dependents Tax Deductions and Credits 12 Ways to Save on Taxes Through Life’s Transitions Income and Investments Do Babysitters Have To Report Their Income on Taxes? Family Innocent Spouse Relief: What It Is and Do You Qualify? Family Can You Claim Your Elderly Parents on Your Taxes? Health Care Inflation Reduction Act of 2022 Education Tax credits and deductions tips for the college-bound, teachers, parents and graduates. Life Tax Audits Explained (Not As Scary As You Think) Tax Deductions and Credits 12 Ways to Save on Taxes Through Life’s Transitions Taxes 101 Capital Gains Tax Explained (What Is It and How Much It… Breaking News Student Loan Debt Relief Announced: Here’s What it … Tax Deductions and Credits 5 Tax Breaks for Teachers on World Teachers’ Day Tax Planning How to Boost Your Back-to-School Savings Education Back-to-School: Education Tax Benefits to Offset Educat… Education Can I Get a Student Loan Tax Deduction? Home Manage your home and property taxes, and more tips to maximize your refund. Life Can You Buy a House If You Owe Taxes? Home Life Events Series: How Will Buying My First House Help… Tax Deductions and Credits How Changes in Your Life Can Save You Money Tax Tips The Tax Implications of Having a Nanny or Housekeeper Home Earth Day 2020: Going Green Saves You Green on Your Tax… Home I Bought a Home Last Year. Do I Get a Tax Deduction? Home Daylight Savings Countdown: Energy Tips to Brave the C… Home What Parts of My House Payment are Tax Deductible?
