Just stop. You do not say how you are involved. Are these your parents? Or someone else's parents? These elderly people do NOT need to file tax returns. Period. And if they are being supported by adult children, those adult children can continue to claim them as dependents and forget about the Social Security and/or the few dollars of interest income they receive.
Here is the criteria for the adult child(ren) who are claiming the elderly parents as dependents. The parents can be claimed as "qualifying relatives."
WHO CAN I CLAIM AS A DEPENDENT?
Qualifying relative
- They don't have to be related to you (despite the name).
- They aren't claimed as a dependent by someone else.
- They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
- They aren’t filing a joint return with their spouse.
- They lived with you the entire year (exceptions apply).
- They made less than $4,700 in 2023 NOT counting Social Security.
- You provided more than half of their financial support.
When you add someone as a dependent, we'll ask a series of questions to make sure you can claim them. There may be other tax benefits you can get when you claim a dependent.
Related Information:
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
