Discussion:Will claiming parents as dependents affect their SSI?
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Discussion Forum Index --> Basic Tax Questions --> Will claiming parents as dependents affect their SSI?
Discussion Forum Index --> Tax Questions --> Will claiming parents as dependents affect their SSI?
| 22 November 2007 | |
| If a taxpayer claims his parents as dependents will it affect their SSI? | |
| 22 November 2007 | |
| I'm not sure it will affect their SSI. IRS audits these all the time. If they are spending their SS you must meet the support test. | |
| 22 November 2007 | |
| I.e., the amounts provided by kids on behalf of parents must exceed the amounts the parents are receiving from SS in order for the parents to qualify as dependents. | |
Jmolliconi (talk|edits) said: | 24 November 2007 |
| I don't know about SSI, but I have clients who provide a home (their 2nd home) for a mother, over 80, and her disabled daughter, sister to the client. The disabled daughter continues to receive her SSI income and the mother has only her Soc. Security. Both incomes are still less than half the value of the home's rental value, the utilities, the car provided for them, etc. We've taken them as dependents for several years, never an audit or question that I know of.
Of course nothing would affect the Soc. Security distribution. Does anyone know how frequently SSI is checked by the agents? The daughter is now in her 50's and was in a group home before moving in with her mother. Just keep a little worksheet each year showing the expenses of the parents of your clients and what your taxpayer provided. I recall that if the money went into savings and was not spent by the parent, then the child who supported them could still take them a dependent if they paid over half the expenses. Wish I could cite the source. | |
| 24 November 2007 | |
| Jain, the length of your name is distorting the proportions of the board. Can you be simply Jain here, and then put your Email address on your personal page? I don't know how you'd go about doint this, perhaps contact Tdoyle? | |
| 26 November 2007 | |
| why would you not ask the SSA instead of asking for opinions here?
Just wondering. | |
| 26 November 2007 | |
| The answer is that it might, and you should check with social security before doing anything. There was another reasonably long thread on this subject before, in which this situation was discussed in some detail. | |
