2007-09-14 15:27:52 · 5 answers · asked by Marius O 1 in Business & Finance ➔ Taxes ➔ United States
If you are providing more than 50% of his support you can claim him as a dependent.
2007-09-14 15:35:46 · answer #1 · answered by mommeof3 4 · 1⤊ 0⤋
You could claim your father as your tax dependent if you provide over half of his support and he does not file a tax return with a spouse.
Support includes the fair rental value of housing. If he lives in his own home you have to figure that rental value as support he provides himself. The SS payments do not exclude him from being your dependent, but the SS benefits that he uses for his own support count as support.
Also, if you pay the bills to maintain the home your father lives in (this does not mean the rental value, only the bills such as mortgage interest, taxes, utilities, food eaten at home), then your father will not only be your dependent but will qualify you for Head of Household if you are not married.
2007-09-15 03:14:40 · answer #2 · answered by ninasgramma 7 · 0⤊ 0⤋
There are several things that the irs takes into consideration go to the IRS web site and do a search for dependents. They will have all of the rules there. Some include relationship, income and support, but there are more that will qualify him. If he meets all the criteria then you can claim him if not then you can not. You can however claim what you spend on him for medial purposes if you items and your medical expenses exceed i think 7.5% of your adjusted gross income.
www.irs.gov
2007-09-14 15:39:57 · answer #3 · answered by Donald C 3 · 0⤊ 1⤋
If you provide over half of his support you can claim him as your dependent. He doesn't have to live with you for you to claim him.
2007-09-14 16:31:54 · answer #4 · answered by Judy 7 · 1⤊ 0⤋
If he lives with you and you are the major support, yes by all means do.
2007-09-14 17:46:45 · answer #5 · answered by Goodhead 3 · 0⤊ 1⤋