20 year old dependent full-time student. $3213 W-2 income working as a course assistant in 2024.
Had an award for $2000 and provost fellowship for $5500 doing research over the summer and fall. Had only 310 in 1099-INT income. Parents paid for rent and tuition all year well over $90K!
Federal 1040 Line 1a 3213, 2b taxable interest 310 , Line 8 Additional income of 7500 from Schedule 1 line 10.
Standard deduction for dependent is 11163 and since my total is 11023, Federal tax shows a refund of my $10 paid in W-2 withholding.
For CA, it is creating Form 3800 and counting 7500+310 as unearned income and asking for parents Form 540 income and taxes. Is this correct? Only 310 is really unearned interest income. The award and fellowship are not taxable on Federal return, but are in CA at parents' rate?
Read all the other Form 3800 questions on this discussion, none seem to apply in this case. Can't figure out which interview question is answered incorrectly on Fed/CA state. Please help.
