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  2. Taxes 2024: Can I Claim My Parents as Dependents and Is It ...

    www.aol.com/taxes-2024-claim-parents-dependents...

    If your parents earn more than the allowable gross income for the tax year in question ($4,700 per parent in 2023), then they would not be eligible to be claimed as a dependent by anyone else.

  3. Rules for Claiming a Dependent on Your Tax Return - AOL

    www.aol.com/finance/rules-claiming-dependent-tax...

    Having trouble deciding if your Uncle Jack, Grandma Betty or daughter Joan qualifies as a dependent? Here's a cheat sheet to quickly assess which of your family members you can claim on your tax ...

  4. Can You Claim an Adult as a Dependent? Here’s What You Need ...

    www.aol.com/claim-adult-dependent-know-160130508...

    Come tax time, you want to claim as many deductions as possible on your return to lessen your tax burden. And that includes accounting for all the dependents you're entitled to claim. Read: 3 Ways...

  5. Can You Claim an Adult as a Dependent? Here Are the Rules - AOL

    www.aol.com/finance/claim-adult-dependent-rules...

    The IRS defines two types of people that you can claim as a dependent on your taxes: “qualifying children” and “qualifying relative.” A qualifying child does include anyone who is your ...

  6. The Dirty Dozen: 12 tricky tax dependent dilemmas - AOL

    www.aol.com/2018-01-05-the-dirty-dozen-12-tricky...

    Despite attempts by the IRS to clarify who qualifies as a dependent, today's complex living arrangements often raise questions about who can be claimed. The Dirty Dozen: 12 tricky tax dependent ...

  7. Personal exemption - Wikipedia

    en.wikipedia.org/wiki/Personal_exemption

    Under United States tax law, a personal exemption is an amount that a resident taxpayer is entitled to claim as a tax deduction against personal income in calculating taxable income and consequently federal income tax. In 2017, the personal exemption amount was $4,050, though the exemption is subject to phase-out limitations.