How much deduction or credit do I get for claiming an eligible parent as a dependent?

Forum|Forum|7 years ago
June 6, 2019
3 replies
24 views

I’m single and have been filing for myself only for the past four years. I plan on claiming one of my parent as a dependent.

Does the amount of deduction or credit increases if I claim both of my parents? They are both unemployed and I’ve been supporting them.

Benefit Assist Online

MinhT1

Level 15

You can claim your parents as your dependents if you provided more than half of their support in 2018 and if they each earn less than $4,150 in 2018. Social security benefits do not count as income.

When you claim your parents as dependents, you have no extra deductions but you will get an "Other dependent" credit of $500 for each of them.

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Kell23elisAuthor

Level 2

Does become the head of a household with parents as dependents change my tax bracket even if I’m single? And I get $500 per dependent credit?

How much deduction or credit do I get for claiming an eligible parent as a dependent?

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