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Get your taxes done using TurboTax
@Shoop1 wrote:
The parent just retired this year but the income prior to retirement was over $4300. Assuming the other qualifications provided are appropriate, would the parent qualify as a dependent in terms of the house ownership scenario? Thanks again!
If the parent has gross income of $4,300 or more in 2020 then you cannot claim them as a dependent on your 2020 tax return.
‎December 26, 2020
6:53 AM