Final answer:
Option (3), Yes, parents can claim a teen as a dependent on their tax return if the teen meets the dependency requirements, even if the teen files their own tax return.
Step-by-step explanation:
Can a Parent Claim a Teen as a Dependent if the Teen Files a Tax Return?
If a teen files a tax return, the answer to whether a parent can still claim him or her as a dependent is: Yes, as long as the teen meets the dependency requirements. This is not contingent on whether the teen files their own tax return. Many teens work part-time jobs or summer internships and may earn enough income to necessitate filing a tax return.
However, as long as the teen meets certain criteria, such as the child being under the age of 19 (or under 24 if a full-time student), not providing more than half of their own support, and living with the parent for more than half the year (with exceptions for schooling, illness, and other reasons), the parent may claim the dependent on their tax return.
It’s important to note that while a teen can be claimed as a dependent by their parents, they must still report their own income on their tax return. The filing of a tax return by a teen does not automatically disqualify them from being considered a dependent. The parents do not have to add the teen's income to their own income on their tax return, but they must ensure all other dependency requirements are met.