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posted Jun 1, 2019 10:38:20 AM

Why aren't I receiving a full refund? I am a full time student and dependent

I go to school full time and work to supplement my income, when I entered my W-2 information it informed me I probably wouldn't receive the full amount of my federal income taxes withheld, why is that?

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1 Replies
Level 15
Jun 1, 2019 10:38:27 AM

Students are not exempt from paying taxes, although that seems to be a pretty popular myth among students.  Since you are a dependent then your standard deduction was possibly less than $12,000 and you do not get all of the tax withheld back.