I am an undergrad student at a state university. I have a full ride merit scholarship, which I use to pay for basically everything (tuition & books, housing, food, car, etc.). I also worked a job over the summer that netted about $6000.
On TurboTax I did not check the box "I can be qualified as a dependent" because my parents believe hey cannot claim me, since they did not provide over half of my support (they provided very little since the scholarship covered most everything). I also said that I did not provide over half of my own support with earned income, since the scholarship was reported on a 1098-T and not a W-2. However, despite not being claimed as a dependent or (I believe) eligible to be claimed as a dependent, I still have to fill out form 8615 for the "Kiddie Tax", which I believe will have me paying significantly more taxes since my parents are in a higher tax bracket.
Am I doing something wrong here, or is that just the way that it goes? This whole thing has me a bit confused. Thanks.
