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DAP Forums > Other Topics > Other Topics

Taxes and dependent

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#1
02-05-2025, 02:49 PM
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DamLeon123
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I was wondering if I were to put my elderly mom as ​dependent where all this is met:
A parent may qualify as a dependent*if their gross income doesn't exceed $5,050 for tax year 2024 ($4,700 for 2023) and the support you provide exceeds their income by at least one dollar during the tax year.
Will it affect her negatively when she does her taxes?
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#2
02-07-2025, 08:25 PM
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Leon pookie, this isn't a Tax forum any advice you'd get is likely going to fail you and lead to trouble. Get a tax professional you trust, king.
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