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kb13
New Member

How does full time student status change my tax burden?

I changed my student status from not being a full time student and my federal taxes due increased by nearly $1,600. Everywhere else I've looked it seems like student status should not change my taxes, especially by this much. The "explainwhy" section just states what my taxes due would be, not how this difference is determined. Any explanation or guidance on this discrepancy would be greatly appreciated. 

7 Replies
MichaelL1
Level 15

How does full time student status change my tax burden?

The full time student status can and will impact the education credit section on the return.  So go through that section on Education again.

kb13
New Member

How does full time student status change my tax burden?

Thank you for the quick response. In both cases I was not eligible for an education deduction or credit, so this does not seem to be the factor affecting the change, would there be any other causes?
MichaelL1
Level 15

How does full time student status change my tax burden?

Can you look to see if you are a dependent in the Personal Information section?

Can someone claim you as a dependent?  
kb13
New Member

How does full time student status change my tax burden?

Yes, I am claimed as a dependent
MichaelL1
Level 15

How does full time student status change my tax burden?

Go to the pdf and to page 157 and the Table at the bottom will go into a reduced Standard Deduction you get as a Dependent on someone else's return.  this is the reason for the tax.  <a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/p17.pdf">https://www.irs.gov/pub/irs-pdf/p17.pdf</a>
kb13
New Member

How does full time student status change my tax burden?

Thank you for providing this information. Perhaps I'm missing something, but I don't see how changing part-time/full-time student status (the only thing I am changing in the return) would affect this deduction.
MichaelL1
Level 15

How does full time student status change my tax burden?

I don't either but see if whatever you changed change it back to see exactly what was impacted.
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