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New Member
posted Jun 4, 2019 9:52:11 PM

I made less than $10,000 last year but instead of receiving all my withheld taxes back in my refund I am being told I owe even more taxes. I thought I was tax exempt?

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1 Best answer
Alumni
Jun 4, 2019 9:52:20 PM

When you are claimed as a dependent, then you do not get a personal exemption and because of that, you pay tax on $4,000 more income than if you were not claimed as a dependent. All you get is your standard deduction, which for a single person is $6,300. So you pay tax on any amount of income that is more than $6,300.  There is nothing about your situation that makes you exempt from tax.

6 Replies
Level 15
Jun 4, 2019 9:52:13 PM

What was the source of the income?  Was any of it reported on a 1099Misc?  Are you being claimed as someone's dependent?

New Member
Jun 4, 2019 9:52:14 PM

It was just a part-time job, I have a W-2. I don't even know what a 1099Misc is.

Level 15
Jun 4, 2019 9:52:15 PM

Why do you think you are tax exempt?  And are you being claimed as someone else's dependent?

New Member
Jun 4, 2019 9:52:17 PM

Yes I am

Level 15
Jun 4, 2019 9:52:19 PM

Please answer the questions you are being asked if you want help.

Alumni
Jun 4, 2019 9:52:20 PM

When you are claimed as a dependent, then you do not get a personal exemption and because of that, you pay tax on $4,000 more income than if you were not claimed as a dependent. All you get is your standard deduction, which for a single person is $6,300. So you pay tax on any amount of income that is more than $6,300.  There is nothing about your situation that makes you exempt from tax.