PurdueGuy

dependants might include: (off the top of my head)

-spouse
-children
-adopted children, or any child you have custody over
-parents or other relatives that are in poor health and require your care

that sorta thing...

itchynate

Man I could really confuse you and say that you can sometimes claim 9 dependents without having 9 dependents. :P What kind of car is the loan for...?

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Agilab

Let the Accountant come in and save you...

Dependants are anyone who you provide over 50% of their income throughout the year and live with you over 50% of the year. However, a parent of yours (like an elderly person) does not have to live with you throughout the year if you want to claim them (like when they live in a nursing home), but the 50% income test still applies.

That is the watered-down tax book definintion of a dependant.

In your case, a single male who is probably still being claimed by your parents, you would claim a 0 for Federal and State taxes. Same with any kind of loan.