my question is on paralleled grounded conductors.
I have 3 ph 4/0 feeders in parallel and need to calculate the ungrounded conductors for
each set of conductors
First thing is to calculate ampacity needed for the neutral regardless if single or parallel conductor.
Second thing is to know that the grounded conductor can not be smaller than values in table 250.66 for service conductors, or no smaller than values in table 250.122 for feeders or branch circuits - again regardless of whether single or parallel conductors.
If parallel conductors then adding ampacity of each individual conductor is done to come up with a total for the parallel set (ampacity adjustments do apply if necessary). Again no matter what size is determined necessary you can not parallel conductors smaller than 1/0 AWG.
All that said, since your ungrounded conductors are 4/0, you may reduce the neutral if you determine the load is not capable of reaching the same level as it could on the ungrounded conductors, but no case will you be able to reduce the neutral to less than 1/0 if you are paralleling it.