I'm pretty new here but I've been reading GRS for a while now trying to get my financial life organized. I was a full time student for the first half of 2009 and was working the other half. My parents want to file me as a dependent for 2009 but I want to file with independent status because I believe that way I could maximize our deductions. Would my parents get more deductions by filing me as a dependent or would I get more benefits by filing independent status? Any advice is appreciated! Thanks in advance!
* I am 23 turning 24 this year.
* I have 2 student loans with paid interest that I/my parents? can deduct.
* I made only $5200 in 2009..