Student claimed on parents return. This year I had income less than the standard deduction. TT calculated my Taxable Income as 0, yet it is show a Tax liab of $1060. Why?

[Mike9241]

there are so many possibilities I would say to review all your entries. then look at the return and see what on what line the tax appears. many time a form will be indicated.  tell us what you found and we may be able to help.  your other choice is to contact support.

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[MayaD]

Even if your taxable income is 0, you may still end up having to pay tax for other reasons.

If you have a net self-employment income greater than $400, you have to pay Self employment tax even if you claim enough tax deductions on your 1040 to wipe out your earnings.

Also, if you earn tips as a regular part of your job, your employer takes out withholding when you report your tips for the month, but for tips under $20 that are not reported to the employer, you report it at the end of the year and pay in extra tax.