DianeW777
Expert Alumni

Education

It depends. The entire tax year must be taken into account for support.  I will include a Dependent Support Worksheet to review so that you can determine if you paid more than half of your own support.  

 

This is the key as to whether you can claim yourself or if your parents would be the only qualifying taxpayer to claim your dependency. Any money placed in a savings account and that was not removed can be subtracted from your income. All other income you earned would be considered spent on your support.

If you determine your parents actually provided more than half of your support then it's very important for you to check the box next to 'Another taxpayer can claim you on their tax return' in the Personal Information section. And select 'No' you did not support yourself.

 

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