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Claiming a parent as a dependent

$500 credit

Can You Write Off Claiming a Parent As a Dependent?

Short answer: Yes if you provide more than half their support and their taxable income is under the limit (about $5,200).

You get a $500 credit for other dependents and may deduct medical bills you pay for them.

Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.