Detailed text transcripts for TV channel - CNN - 20110416:18:22:00
Hurdles to claim them. >> can you deduct your parent's medical expenses if you're caring for them in that way? >> that's a good point f. you are taking them as a dependent, you can take their medical expenses, use that to your advantage, take the deduction providing you itemize your expenses. the ex-penls haves to exceed your adjusteded gross. they have to exceed 7.5% of your adjusteded gross income. that's an important point to make. >> you have your parents on one thing, the boomerang kids who move back in. can you claim them as to dependents and to what extent? >> a lot of these guys do hav...
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