Hi
I am 17 years old student with some income (W2), interest income and investment gains. I am living with my parents and they support my expenses including rent (my income is not enough to support 50% of my expenses) . However, I want to file as an independent (even though they can claim me as dependent, I don't want that). Am I allowed to file as independent and they don't claim me as dependent? )
thank you
Your parents are not required to claim you as their dependent, but you cannot file as a non-dependent just because they don't claim you. You need to list yourself as a dependent of them on your tax return if you qualify as such, as it may affect the taxability of your income.