jrb90
Returning Member

Can I itemize deductions to a dependent parent?

Hello!

My wife and I support her mom financially. She lives on her own but we pay rent and her other expenses - she qualifies as our dependent.

My question is... In Turbotax I see that we get a $500 credit for listing my mother in law as a dependent, but are we able to itemize the payments we've given her for a larger deduction? The majority of what we pay for are housing, food, gas, car insurance. In 2023 it equated to about $18,000.

If we are able to deduct the $18,000, could someone point me where this would be in Turbotax? I swear I've clicked through close to 10 times now, haha. 🙂

 

Thank you!!