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Get your taxes done using TurboTax
We cannot advise you as to what would happen with section 8 if you claim them. We answer income tax questions. We can tell you this---they will not receive stimulus money if you claim them. Dependents do not get stimulus money.
And you "get" a $500 credit for each parent you claim which lowers your own tax bill. You do not receive stimulus money for claiming them.
In order for you to claim them, they must meet the criteria to be claimed as your qualifying relatives. A part of that is that you must be able to say you paid for OVER half their support.
**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.**
‎January 16, 2021
9:48 AM