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Get your taxes done using TurboTax
@sratnam91 are your parents ( Green Card holders ) actually living with you or on their own? Citizen of which country ( because I need to know if the monies that your parents earn yearly is from a pension for abroad or are they actually working-- self-employed ? taking care of children or what ) ? Are you a US citizen/Resident ( Green Card )/ Resident for tax purposes or ?
AS you know under the current law there is zero exemption for dependents -- however there may be advantage on health insurance -- is that what you are trying to do ?
Namaste
pk
‎November 11, 2020
3:20 PM