Samantha P. asked
If caring for two qualifying elderly parents who live with me, can I claim them as dependents and deduct expenses such as food, utilities, HOA fees, travel, repairs, part of the mortgage, and their medical bills? What are the AGI limitations and how do they affect the deductions?
August 31st, 2024
Megan F. answered
To claim elderly parents as dependents, they must meet several criteria: they cannot be claimed by a...
August 31st, 2024
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