There is considerable racial and ethnic variation in the prevalence of intergenerational coresidence in the United States. Using data from the Current Population Surveys, we demonstrate that much of this is attributable to recent immigration and the relative economic position of immigrant parents. Multinomial logistic regression results reveal that recent immigrant parents, particularly Asian and Central and South American immigrant parents, are more likely to live in households in which their adult children provide most of the household income. The likelihood of living in this “dependent” role decreases with duration of residence in the United States. The likelihood of living in an intergenerational household in which the parent provides the majority of the household income is not as tied to nativity.