Should I file taxes as a dependent or an independent taxpayer?

That said, filing taxes as an independent taxpayer means you are subjected to the regular tax rates. On the other hand, as a dependent, you cannot claim anyone else on your taxes as a dependent, not even yourself. That means you may lose out on the tax benefits from dependent credits.

Can I claim someone as a dependent on my tax return?

A dependent is a qualifying child or relative who relies on you for financial support. To claim a dependent for tax credits or deductions, the dependent must meet specific requirements. Answer questions to see if you can claim someone as a dependent on your tax return See the full rules for dependents These rules generally apply to all dependents:

Who is a dependent on my tax return?

Your Federal Income Tax, Publication 17 A dependent is a qualifying child or relative who relies on you for financial support. To be claimed on your tax return, they must meet specific requirements.