I have a question about my tax exemption status.
Hi. I am 21 years old and I am a full time student, my parents still claim me as a dependent.
For the summer I'll be interning at a company. I've always heard that if you make less than $8,000 per year, you don't have to pay Federal income tax. Is that true?
What if I make more than $8,000 a year, but less than $12,000, do I still qualify for exemption status?
Thanks for any help!
2007-05-24
02:17:15
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7 answers
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asked by
Young L
2
in
United States