Have a Tax Question? Ask a Tax Expert
Hi. Great Question. Did you take a deduction for yourself? If yes, your parents will probably get a notice from the tax department that they cannot claim you; they can amend their return, as well, before they receive the notice.
Deduction, meaning a personal exemption.
Then, you are both fine.
Hi. Just to confirm that you sent out your tax forms.
Also - were you on extension? If not, you may owe interest and penalty, if you had taxes you owed.
Hi. Here are the rules:
If you have both earned and unearned income, you must file a return (2016 and 2015) if:
If you only have earned income must file a return only if the total is more than $6,300 in 2015.
The $1,500 earned income - if you have only earned income and no unearned income (interest, etc.) - you really are not required to file a return, unless you want to get some of your tax witholdings back.
Also - if you did not claim any exemption - you are fine.
Let me know if you have any questions.