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Deductions & credits
Yes, you might be eligible for the Credit for Other Dependents.
"The maximum credit amount is $500 for each dependent who meets certain conditions. This credit can be claimed for:
- Dependents of any age, including those who are age 18 or older.
- Dependents who have Social Security numbers or Individual Taxpayer Identification numbers.
- Dependent parents or other qualifying relatives supported by the taxpayer.
- Dependents living with the taxpayer who aren't related to the taxpayer.
The credit begins to phase out when the taxpayer's income is more than $200,000. This phaseout begins for married couples filing a joint tax return at $400,000.
A taxpayer can claim this credit if:
- They claim the person as a dependent on the taxpayer's return.
- They cannot use the dependent to claim the child tax credit or additional child tax credit.
- The dependent is a U.S. citizen, national or resident alien."
You might also get a credit if you need to pay for 'daycare" for your mother so that you can work or attend school.
Credit for Child and Dependent Care Expenses
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March 20, 2023
5:20 PM
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