If you can be claimed as a dependent by a parent, see Line 6a on page 1 of the 1040 form "if someone can claim you as a dependent, do not check box 6a" when preparing your tax return - you are much more valuable as your parent's dependent. This is true even if you were a student and paid some or all of your tuition - theHhope and Lifetime Larning Credit(s) are much more valuable to your parents.