The 1098-T can go on either the parents return or the students return or even both. The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return or your parent's. However receipt of a 1098-T frequently means you (or your parents) are either eligible for a tuition credit or possibly the student has taxable scholarship income.
Nobody gets fined for not reporting a 1098-T. You may get in trouble with the IRS for not reporting taxable scholarship or claiming a credit you're not entitled to.
You claim the tuition credit, or report scholarship income, based on your own financial records, not the 1098-T. If you (or your parents) claim the tuition credit, you do need to report that you got one (the TurboTax interview will handle this).
You say your parents are "the account owner". If there was a 529 Plan or ESA distribution, they may need to report the expenses on the 1098-T on their return to offset the distribution.
Provide more detail about what's going on and we may be able to provide more specific guidance.
What makes you think you are allowed to file as an independent. Most 22 year old full time students are not independent for tax filing purposes. Filing independent is not optional. You either qualify as a dependent or you don't.
