Will i affect my parents' tax

tingzhang97 · ‎May 31, 2019

So last summer I worked for about 2 months and just received my W-2 forms. I filed it but listed myself as a dependent as I am still a college student and my parents are paying my tuition. My dad is freaking out saying how since I filed my own tax that they'll have to end up paying more money back to the government. Is this true even though I listed myself as dependent?

xmasbaby0 · ‎May 31, 2019

No, your dad is mistaken. As long as you said on your return that you can be claimed as their dependent, your parents get the $4050 personal exemption for you. Did you say that you can be claimed as a dependent on someone else's tax return when you answered questions in Personal Info? It is only if you "claimed yourself" that you would create a problem. (Then your dad does have a reason to freak out) If you claimed yourself, come back here for further help.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎May 31, 2019

No, your dad is mistaken. As long as you said on your return that you can be claimed as their dependent, your parents get the $4050 personal exemption for you. Did you say that you can be claimed as a dependent on someone else's tax return when you answered questions in Personal Info? It is only if you "claimed yourself" that you would create a problem. (Then your dad does have a reason to freak out) If you claimed yourself, come back here for further help.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**