My parents are not claiming me as a dependent even though I believe I qualify to be one (most of my support during the 2020 year came from loans in their name, parent plus loans). We agreed that I should leave that box unchecked (claim as independent) since it will help me more than it helps them if they claim me as a dependent. However, before I file I just wanted to make sure if this is O.K.
If it isn't and I check the box, and I don't get claimed by my parents will the IRS reject my parents filing or is everything good?
March 9, 2021 8:44 PM last updated March 09, 2021 8:44 PM Connect with an expertx
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1 Best answerThe rule is that if someone "can" claim you as a dependent, you must check the box. It is not, did or will someone claim you as a dependent. There is nothing that requires your parents to claim you as a dependent if you qualify, they will just be giving up a $500 credit (potentially). If you don't qualify as a dependent and you file without checking the box, then you will receive the stimulus payments in the form of the Recovery Rebate Credit. To see if you qualify as a dependent, use the IRS interactive tool:
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The rule is that if someone "can" claim you as a dependent, you must check the box. It is not, did or will someone claim you as a dependent. There is nothing that requires your parents to claim you as a dependent if you qualify, they will just be giving up a $500 credit (potentially). If you don't qualify as a dependent and you file without checking the box, then you will receive the stimulus payments in the form of the Recovery Rebate Credit. To see if you qualify as a dependent, use the IRS interactive tool:
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"