(ii) Standard Rates (Rates from 1.2. 2025) CategoryAmount of standard rates per month (HK$) Single personFamily member Ill-health/50% disabled 4,250 3,995 100% disabled 5,130 4,540 Requiring constant attendance 7,225 6,6209 more rows
Dependent Parent and Dependent Grandparent Allowance To qualify for the allowance, the dependent parent / grandparent must at any time during the year be: ordinarily resident in Hong Kong; aged 55 or more, or eligible to claim an allowance under the Government's Disability Allowance Scheme; and.
Key Takeaways. A parent may qualify as a dependent if their gross income doesn't exceed $5,050 for tax year 2024 (increasing to $5,200 for 2025) and the support you provide exceeds their income by at least one dollar during the tax year.
A taxpayer in Hong Kong may claim allowance in respect of each dependent parent / grandparent maintained by him/her or his/her spouse, provided his/her spouse is not living apart from the taxpayer during the year.
Only one person may claim a qualifying child A child may meet all the requirements and qualify more than one person for the following child-related benefits: Dependency exemption. EITC. Child tax credit/credit for other dependents/additional child tax credit.
You can claim your parents as dependents if you provide more than half of their support in 2018 and they had income of less than $4150 (not counting social security) each.
The short answer is no, you cannot claim yourself as a dependent on your tax return. This is because you are considered to have your own personal exemption. In other words, you cannot claim yourself as a dependent because you are already claiming yourself as a personal exemption.
An individual claimed as a dependent must be a citizen, national, or resident of the United States, or a resident of Canada or Mexico.
If you're wondering how to claim a parent as a dependent, the answer is simple. Once you're sure you and your parent(s) meet all eligibility requirements, you can add them under the “Dependents” section on Form 1040. You'll need to provide a first and last name, Social Security number, and relationship to you.