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pooksiepoo
New Member

Do I have to claim interest my mother earned and she lives with me and I pay more than half of her expenses, and she only receives social security?

 
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Accepted Solutions
MichaelL1
Level 15

Do I have to claim interest my mother earned and she lives with me and I pay more than half of her expenses, and she only receives social security?

N, her interest in not taxable income to you, and does not go on your tax return.

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2 Replies
BobB7
New Member

Do I have to claim interest my mother earned and she lives with me and I pay more than half of her expenses, and she only receives social security?

Does the interest exceed $4150?
MichaelL1
Level 15

Do I have to claim interest my mother earned and she lives with me and I pay more than half of her expenses, and she only receives social security?

N, her interest in not taxable income to you, and does not go on your tax return.

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