https://ttlc.intuit.com/community/taxes/discussion/re-filing-as-a-dependent/01/2632917#M943599 <P>I suspect that you ran into the Kiddie tax which means that if your unearned income was greater than $2,200 it’s taxed at your parent’s tax rate. This would happen whether they claimed you or not.&nbsp;</P> Wed, 30 Mar 2022 04:07:35 GMT Bsch4477 2022-03-30T04:07:35Z https://ttlc.intuit.com/community/taxes/discussion/filing-as-a-dependent/01/2632860#M943598 <P>I'm a 22 year old student and my parents are claiming me as a dependent. Throughout the year, I had my federal and state taxes withheld on my paychecks. However, once I started filing and updated my parents' information, instead of getting a federal return like I expected, I suddenly owed ~$1500. I've filed in previous years and nothing like this has ever happened before. The only difference is that this year, I had some unearned income (where I also had the max amount of taxes withheld). Is it normal to get taxed ~20% on my taxable income, and at a certain point, does me getting claimed by my parents stop being beneficial for me, my parents, or for all of us?</P> Wed, 30 Mar 2022 03:33:10 GMT https://ttlc.intuit.com/community/taxes/discussion/filing-as-a-dependent/01/2632860#M943598 tax8_10 2022-03-30T03:33:10Z https://ttlc.intuit.com/community/taxes/discussion/re-filing-as-a-dependent/01/2632917#M943599 <P>I suspect that you ran into the Kiddie tax which means that if your unearned income was greater than $2,200 it’s taxed at your parent’s tax rate. This would happen whether they claimed you or not.&nbsp;</P> Wed, 30 Mar 2022 04:07:35 GMT https://ttlc.intuit.com/community/taxes/discussion/re-filing-as-a-dependent/01/2632917#M943599 Bsch4477 2022-03-30T04:07:35Z