Sheldon is 92 years old and in poor health. Clever investing earlier in his life has left him with a sizeable income. He therefore is able to support his son Paul. Paul is 67 years old and lives in a nursing home. Paul's income is less than $2,000. How many dependents should Sheldon claim on his tax return?
Added by Pilar S.
Step 1
According to IRS rules, to claim an adult as a dependent, they must either be a qualifying child or a qualifying relative. Since Paul is Sheldon's son and too old to be considered a qualifying child, we must see if he meets the criteria for a qualifying relative. Show more…
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