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#3
04-19-2005, 01:58 PM
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 Re: Parent support Phil Marti <prm20871[at]verizon.net> wrote: - quote - > "William Brenner" <wjbjr[at]webtv.net> wrote:
Pub 502 page 4 does say this:> > What if, as appears to be the case in the OP, two (or more) > > children together contribute more than half of the parent's > > support, although individually they do not. Can they deduct > > the medical expense that each pays for the parent? > Pub 502 doesn't specifically address this (at least the 2002 version I > have). The closest it comes is a brief discussion of multiple support > arrangements, in which it says that only the person claiming the exemption > can deduct medical expenses. Thus, I'd conclude that if the parents' income > nixes their being dependents, as was the case in the OP, the children can't > deduct anything. If you are considered to have provided more than half of a persons support under a multiple support agreement, you can include medical expenses you pay for that person ... even if you cannot claim an exemption for that person. __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
04-18-2005, 03:15 PM
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| Re: Parent support "William Brenner" <wjbjr[at]webtv.net> wrote: - quote - > What if, as appears to be the case in the OP, two (or more)
arrangements, in which it says that only the person claiming the exemption> children together contribute more than half of the parent's > support, although individually they do not. Can they deduct > the medical expense that each pays for the parent? > Pub 502 doesn't specifically address this (at least the 2002 version I have). The closest it comes is a brief discussion of multiple support can deduct medical expenses. Thus, I'd conclude that if the parents' income nixes their being dependents, as was the case in the OP, the children can't deduct anything. -- Phil Marti Clarksburg, MD << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
04-17-2005, 04:48 AM
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| Re: Parent support Phil Marti wrote: - quote - > If the child pays more than half the parent's
What if, as appears to be the case in the OP, two (or more)> support for the year, the child can deduct > medical expenses paid for the parent even if > the parent's income precludes the parent's > being a dependent. Details are in Publication > 502. children together contribute more than half of the parent's support, although individually they do not. Can they deduct the medical expense that each pays for the parent? (Sorry, but this toy browser does not do PDF to allow me to look at Pub 502.) << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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04-16-2005, 03:34 PM
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| Re: Parent support "Michelle Kapp" <smfwdf[at]comcast.net> wrote: - quote - > Elderly Parent has SS 8000 and Pension of 5000. Does not
If the child pays more than half the parent's support for> qualify in this MFJ as a dependent due to the income. She > has lived with the children for several years. This year > she has gone into a nursing home which the children have had > to supplement to the tune of $2000 a month out of their own > pocket. I don't see how the children can get a tax benefit > here. the year, the child can deduct medical expenses paid for the parent even if the parent's income precludes the parent's being a dependent. Details are in Publication 502. -- Phil Marti Clarksburg, MD << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
04-15-2005, 10:08 PM
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| Parent support Elderly Parent has SS 8000 and Pension of 5000. Does not qualify in this MFJ as a dependent due to the income. She has lived with the children for several years. This year she has gone into a nursing home which the children have had to supplement to the tune of $2000 a month out of their own pocket. I don't see how the children can get a tax benefit here. Any suggestions? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| parent, support |
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