Although studies have established associations between parenting characteristics and adolescent suicidality, the strength of the evidence for these links remains unclear, largely because of methodological limitations, including lack of accounting for possible child effects on parenting. This study addresses these issues by using autoregressive cross‐lag models with data on 802 adolescents and their parents across 5 years. Observed parenting behaviors predicted change in adolescent suicidal problems across 1‐year intervals even after controlling for adolescents' effects on parenting. Nurturant‐involved parenting continued to demonstrate salutary effects after controlling for adolescent and parent internalizing psychopathology: over time, observed nurturant‐involved parenting reduced the likelihood of adolescent suicidal problems. This study increases the empirical support implicating parenting behaviors in the developmental course of adolescent suicidality.