azeljo
New Member

Why am I paying at my parents' tax rate?!

I checked the box that someone CAN claim me but will not claim me on their tax return because I am 21 and in college and I do not have earned income. But I do have unearned income. My tax rate triples because I am forced to pay at my parents' rate. Is there a way around this?

 

My grandparents saved money in a 529 plan that pays my tuition and room/board, so my parents are not paying for my college. Does this mean I can say that NO ONE can claim me as a dependent?