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February 1, 2025
Question

Did the tax rule change this year for claiming an elderly parent? She made social security last year but this year the from indicates she is not allowed more $5,000.?

  • February 1, 2025
  • 2 replies
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Did the tax rule change from last year?

    2 replies

    Employee
    February 1, 2025

    You do not count her Social Security.   The $5050 limit is for OTHER kinds of income like pensions, investment income, working part-time, etc etc. etc.

     

    Qualifying relative

    • They don't have to be related to you (despite the name).
    • They aren't claimed as a dependent by someone else.
    • They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
    • They aren’t filing a joint return with their spouse.
    • They lived with you the entire year (exceptions apply).
    • They made less than $5050 in 2024.   (Not counting Social Security)
    • You provided more than half of their financial support.

    When you add someone as a dependent, we'll ask a series of questions to make sure you can claim them. There may be other tax benefits you can get when you claim a dependent.

    Related Information:

     

    **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.**
    DoninGA
    Employee
    February 1, 2025

    That is NOT the amount of Social Security that is received, the amount of gross income received in 2024 cannot be $5,050 or more.  Social Security income does not count 

     

    To be a Qualifying Relative -

    1. The person cannot be your qualifying child or the qualifying child of any other taxpayer. A child is not the qualifying child of any other taxpayer if the child's parent (or any other person for whom the child is defined as a qualifying child) is not required to file an income tax return or files an income tax return only to get a refund on income tax withheld.
    2. The person either (a) must be related to you or (b) must live with you all year as a member of your household.
    3. The person's gross income for the year must be less than $5,050 (social security does not count) in 2024
    4. You must provide more than half of the person's total support for the year.
    5. The person must be a U.S. citizen or a U.S., Canada, or Mexico resident for some part of the year.
    6. The person must not file a joint return with their spouse with the following exception -
    You can claim a person as a dependent who files a joint return if that person and that person’s spouse file the joint return only to claim a refund of income tax withheld or estimated tax paid.