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Jan 17, 2010, 01:46 PM
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Member Since: Dec 2003
Location: Coram Deo
Posts: 35,474
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Hi. Student loans are not taxable, but some student aid is.
If you're receiving money back after filing your taxes, you aren't claiming enough on your W4 in the first place. Don't loan the government your money, they don't pay interest. 
But I'm confused, you said this is the first year of claiming yourself, so how do you usually get money back??? 
There's someone on site that does tax stuff... check down in the classifieds or ? forum for her free assistance.
I wouldn't be too quick to get out from under your parent's wings on this one. It may cost you dearly to file on your own.
TC 
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