Q. Do i need to file if my income is under 13850 and I'm a full time college student and my parents claim me as a dependent?
A. It depends on the sources of your income. If it is all wages, reported on form W-2, then you are not required to file.
A dependent must file a tax return for 2023 if he had any of the following:
- Total income (wages, salaries, taxable scholarship etc.) of more than $13,850 (2023).
- Unearned income (interest, dividends, capital gains, unemployment, taxable portion of 529 distribution) of more than $1250 (2023)
- Unearned income over $400 and gross income of more than $1250 (2023)
- Household employee income (e.g. baby sitting, lawn mowing) over $2600 ($13,850 if under age 18)
- Other self employment income over $432, including money on a form 1099-NEC
Even if he had less, he is allowed to file if he needs to get back income tax withholding. He cannot get back social security or Medicare tax withholding.
In TurboTax, he indicates that somebody else can claim him as a dependent, at the personal information section.
