I'm 23 and is a full time student living at home. My school participates in a co-op program where I work full time for half a year and is a student the other half. I just want to get as much tax money back as possible. I want to file on my own but my parents still wants to claim me. Will that affect how much money I will be getting back?
2007-01-22 08:33:01 · 2 answers · asked by Jnet T 1 in Education & Reference ➔ Financial Aid
Yes, you can file separately, but you will need to state on the tax form that your parents are claiming you as a dependent. It will reduce the amount of money you receive back.
2007-01-22 08:39:54 · answer #1 · answered by ms_quiltsalot 2 · 0⤊ 0⤋
Depends on how much money you made. If you didn't earn a lot, then odds are you will get most if not all your federal taxes back.
2007-01-22 16:41:24 · answer #2 · answered by Fester Frump 7 · 0⤊ 0⤋