Pregunta I care for my parents in my home. My parents occasionally give me money to pay for their share of household expenses. Is this money taxable to me? Respuesta An amount of money that your parents give you to offset their expenses isn't taxable to you. This amount is treated as funds your parents paid for their own support in determining whether your parents are your dependents. See Publication 501, Dependents, Standard Deduction and Filing Information. Categoría IRS procedures Subcategoría For caregivers
