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Education
question: why are you asking? it's normally better for the FAMILY if the parent claims you as then they are elgiibel for up to $2500 of AOTC (you are limited to $1000 under certain circumstances), they can claim up to a $500 other dependent tax credit.
if you are living at home, are you paying market value rent to your parents, utilities, upkeep of the home, your medical insurance, etc?
Your income is NOT part of the determining factor. you could be making $1mm a year but your parents are paying your support costs and you would still be a dependent for tax purposes.
What is you motivation to not want to be a dependent of your parents for tax purposes?
March 23, 2020
3:38 PM