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Get your taxes done using TurboTax
Perhaps. If you can claim your father as a dependent, you can take the deduction for his insurance.
If you cared for an elderly parent, even if they don't live with you, your parent may qualify as your dependent.
- They are not claimed as dependent by anyone else.
- They are US citizens.
- You must provide more than half of your relative’s total support each year.
- The parent may not have income that exceeds $4,700 (tax year 2023)
Steps to Claiming an Elderly Parent as a Dependent - TurboTax
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January 22, 2024
12:20 PM