Will it be any problem on their social security benifits or their medicare?
2007-12-16 14:21:19 · 3 answers · asked by niknamm 2 in Business & Finance ➔ Taxes ➔ United States
You can claim them if you provide over half their support, and there gross income for tax purposes is under $3,400 each. For more details, review the requirements for qualifying relatives at the IRS website.
2007-12-16 14:28:19 · answer #1 · answered by taxreff 7 · 0⤊ 0⤋
If you file a joint return, then your parents-in-law are the parents of your spouse, and the answer is the same as the previous question asked about claiming parents:
You can claim your parents on your tax return if
1. You provided over half of their support. If they live in their home which has no mortgage, the fair rental value of that home is considered support provided by them.
2. Each of them had income subject to tax of less than $3,400.
If you can claim one or both parents as dependents, plus you paid for over half the cost of maintaining their home, then you may qualify for the head of household filing status if you are unmarried.
Their Social Security and Medicare benefits are not affected by their dependency status.
2007-12-16 14:31:42 · answer #2 · answered by ninasgramma 7 · 3⤊ 0⤋
Quick test. Can you show that for each of them you provide more support than they get from social security?
If they are getting say $2000 a month in benefits and are spending it all, you must show that you paid more than $2000 a monthy for their support.
2007-12-16 16:34:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋