When can I fill as a student?

Forum|Forum|7 years ago
June 6, 2019
1 reply
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I started college in February 2017

TurboTax Deluxe Online

Anonymous

There is no "Student" filing status for federal income taxes. If you are under age 24 and a full-time student, you can still be claimed as a dependent by your parents. Even as a dependent, you may have a tax return filing requirement if any of the following apply.

Your unearned income was more than $1,050.
Your earned income was more than $6,300.
Your gross income was more than the larger of—

$1,050, or
Your earned income (up to $5,950) plus $350.

Finally, if you have earnings from self-employment of $400 or more, you must file a tax return and pay self-employment tax (the employer's and employee's share of Social Security and Medicare taxes) on that income.

Returning to the matter of you being a student, if you are enrolled at least half-time for at least one academic period beginning in 2017, then you (or your parents if you are claimed as a dependent) will be eligible to claim one of the federal tax benefits for post-secondary education on your 2017 federal income tax return. For more information about these, please see IRS Education Benefits Comparison Chart.