Deductions & credits

You say you "live with" your parents.  Whose home is it?  Do they own the home or do you?  You do not say what income your mother has--only that she has income.  Is it from working or does she get Social Security or some other income?  Do they file a joint tax return?  If they can be claimed as your dependents you can only claim one or both of them if they do not file a joint tax return.  If they filed a joint return even on the non-filer site in order to get a stimulus check then they have already filed and your return claiming them will be rejected.  On the other hand, dependents cannot get a stimulus check.  All you "get" for a parent you claim is a $500 credit for other dependents.  You do not receive stimulus money for claiming a parent.  If you can claim them you can file as Head of Household and have a higher standard deduction.

 

IRS interview to help determine who can be claimed:

https://www.irs.gov/help/ita/who-can-i-claim-as-a-dependent

**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.**