Get your taxes done using TurboTax

No.   Gifts to your parents are not deductible.  You cannot claim gifts to individuals as a deduction--only donations to recognized charities can be deducted.   

 

And....even if you claim your parents....you do not get to enter the $6000.   You would only get a $500 credit for other dependents for each parent that you claim as a dependent.  

 

If the amount you gave them is not over half their support for the year, then you cannot claim them.  But it is very nice that you are helping your parents.

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