turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

acostcz
New Member

Do students get all Federal Income Tax withheld back?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Do students get all Federal Income Tax withheld back?

No.  Being a student doesn't make a difference.  If you make enough income you owe tax on it.  And it depends if you are a dependent on someone else's return.  Lots of things affect it.  But being a student doesn't count.

View solution in original post

3 Replies

Do students get all Federal Income Tax withheld back?

No.  Being a student doesn't make a difference.  If you make enough income you owe tax on it.  And it depends if you are a dependent on someone else's return.  Lots of things affect it.  But being a student doesn't count.
acostcz
New Member

Do students get all Federal Income Tax withheld back?

Thanks! If I am a dependent on someone else's return, does that make any difference?

Do students get all Federal Income Tax withheld back?

Yes then more of your income will be taxable.  You only can deduct the Standard Deduction of 6,300.  You do not get your own 4,000 personal exemption because they get it.   

Exemptions and deductions are subtracted from your income before the tax is calculated so you get taxed on a lower amount.  But you don't get the exemption.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies