I think "Tax burn out" may be near but here is the situation.
Can Parent (Mother in law) be claimed as a Dependent by Son & son’s wife who
Paid over ½ cost of keeping up the main home (Mother in law lived in their home) ?
Scenario of Parent (Mother in law)in 2006:
Mother in law Husband died in 2006
Deceased Husband Social security benefits $7227.00 (for dependency test this is not consider “gross income” since it is non taxable)
Deceased Husband Dividend & Interest = $118.00
Mother in law interest income = $884.00
Thanks in advance
Can Parent (Mother in law) be claimed as a Dependent by Son & son’s wife who
Paid over ½ cost of keeping up the main home (Mother in law lived in their home) ?
Scenario of Parent (Mother in law)in 2006:
Mother in law Husband died in 2006
Deceased Husband Social security benefits $7227.00 (for dependency test this is not consider “gross income” since it is non taxable)
Deceased Husband Dividend & Interest = $118.00
Mother in law interest income = $884.00
Thanks in advance
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