Dependent exemption

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  • #1701957
    IwannabeaCPA2017
    Participant

    Hey guys, its that time of the year again! Quick question if i recall both parents can be claimed as dependent if certain criteria is met.. that is income is below a threshold and no tax liability owed. Correct? If they are filing mfj if its mfs i believe the income limit is the only rule. I’ve checked the tax guide but just wanna get another response before doing so lol.

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