The Tax Professionals Blog — tax deduction

Caregiver Tax Advice

Posted by Lee Reams Sr. on

When a taxpayer is helping to support both parents and is having difficulty showing that he or she provided over half of the support for both, it may be appropriate for the taxpayer to designate the support to only one of the parents. This could help overcome the more than 50% dependency support requirement for one of them, thus allowing an exemption deduction. 

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