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New Member
posted Jun 3, 2019 1:44:45 PM

I was a full time student last year. shouldn't I be getting back everything I paid in like I did last year?

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1 Best answer
Level 15
Jun 3, 2019 1:44:46 PM

Students are not exempt from paying income tax.  If you were a dependent on your parents' return, as many students are, then you do not get the the personal exemption of $4050 for yourself (your parents get it).  So any income you had over $6300 is taxable.

1 Replies
Level 15
Jun 3, 2019 1:44:46 PM

Students are not exempt from paying income tax.  If you were a dependent on your parents' return, as many students are, then you do not get the the personal exemption of $4050 for yourself (your parents get it).  So any income you had over $6300 is taxable.