The gauge independence of the dynamical fermion mass generated through chiral symmetry breaking in QED in a strong, constant external magnetic field is critically examined. We present a (first, to the best of our knowledge) consistent truncation of the Schwinger-Dyson equations in the lowest Landau level approximation. We demonstrate that the dynamical fermion mass, obtained as the solution of the truncated Schwinger-Dyson equations evaluated on the fermion mass shell, is manifestly gauge independent.Key words: Chiral symmetry breaking, Gauge independence, Quantum electrodynamics PACS: 11.30. Rd, 11.30.Qc, Chiral symmetry breaking in an external magnetic field has attracted a lot of attention in the past decade. Being inherently a nonperturbative phenomenon, the generation of a dynamical fermion mass is usually studied with the help of the Schwinger-Dyson (SD) equations truncated in certain schemes. The dynamical fermion mass has been calculated in the literature in several truncation schemes, such as the rainbow [1,2,3] and the improved rainbow [3,4,5] approximations with a momentum independent fermion self-energy, as well as their extensions to a momentum dependent fermion self-energy [4,5,6]. However, to the best of our knowledge, issues regarding the consistency of truncation schemes as well as the gauge independence of the dynamical fermion mass have not been properly addressed in the previous literature in this field.