Claim your parent - lives with you as a dependent and receiving social security
Answer:
Probably yes. Gross income for the dependent test does not include non-taxable social security, tax exempt interest or gifts.
For tax year 2013, if his gross income is less than $3,900, then he satisfies the gross income test criteria for claiming him as dependent.
Speak to your local CPA to verify if your father meets the other 4 dependency tests so you can claim him as a dependent.
For tax year 2013, if his gross income is less than $3,900, then he satisfies the gross income test criteria for claiming him as dependent.
Speak to your local CPA to verify if your father meets the other 4 dependency tests so you can claim him as a dependent.
Interested in more Dependents & Exemptions Questions?
- When can a child decide which parent he or she will live with?
- Can I claim a child tax credit for my grandchild that lives with me that I claim as a dependent ?
- My daughter turned 19 in December, Can I use her for the child tax credit calculation ?
- Form 8332 - Noncustodial parent claim of children of ex-spouse
- What are the Uniform Transfer to Minors and Gift to Minors accounts ?
