- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Hello @msallustio44, I am sorry to hear about the loss of your parents.
You can claim them as dependents still this year, as long as you provided their support until their passing. Link Here
I have some helpful links for your situation:
This one explains claiming your parents as dependents -
https://turbotax.intuit.com/tax-tips/family/steps-to-claiming-an-elderly-parent-as-a-dependent/L34je...
This one Explains protecting your inheritance from taxes -
https://turbotax.intuit.com/tax-tips/estates/4-ways-to-protect-your-inheritance-from-taxes/L653s0Kyn
Depending on what state you live in, there might be different rules for inheritance. I would suggest a quick google search for your state rules or sitting with a local professional to help protect your interests.
Please feel free to reach out if you have further questions.
**Mark the post that answers your question by clicking on "Mark as Best Answer"