Income based loan repayment and tax return for dependent student

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serimeri

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Hi,
I was advised to file a tax return for myself. However, since I am dependent on my parents and have been since med school started, would I have any benefit in doing so? Will it help me if I choose to do income based loan repayment next year?

My parents helped me with my living expenses, so I tried to not take out my max loan amount, which is why I am about $40K less than some of my classmates as far as my federal loan rates are concerned. I just wanted to know so I can advise my father as he goes through his taxes with his accountant. Thanks

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