Quick Answer: Can I Show My Parents LIC For Tax Exemption?

What is the 80C limit for 2020 21?

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Will I get a stimulus check if my parents claim me as a dependent?

How much can a parent gift a child tax free in 2020?

What is the maximum tax exemption under 80D?

Can I claim live in girlfriend as dependent?

Can I claim my brother as a dependent?

Is proof required for 80D?

Can I claim my daughter as a dependent if she made over $4000?

How much can you gift your parents tax free?

Can I declare my parents as dependents?

Can grand father get tax benefit as proposer and life assured to his grand son?

What is the minimum income to claim a dependent?

Can I file a tax return if my parents claim me as a dependent?

Can I claim a tax deduction on premiums for my father?

Can I gift money to my parents to save tax?

Can I claim my mom as a dependent if she lives with me?

What are the exemptions in income tax?

How much money can I gift to my child tax free?