2015 standard deduction

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HI I'm a student and work part time. My Mom claims me as a dependent. I earned $5998 on my W2 and they withheld $528 in 2015 and the standard deduction is $6300. How does that work if the standard deduction is higher than my income? I was told I didnt need to file back then, but now someone says that yes, I should, because I'll receive a refund. Thank you for your help.
Jacob










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  • @Kevin "they withheld $528 in 2015"
    – D Stanley
    Aug 28 at 22:04










  • @DStanley Ah, I see it now. Read that sentence like 3 times without registering that part
    – Kevin
    Aug 28 at 22:05






  • 2




    If your mom claimed you as a dependent there are special rules that you should check. You can't claim the personal exemption. I don't remember what the deal was with the standard deduction in the case where somebody else claims you.
    – Ross Millikan
    Aug 29 at 0:22
















up vote
2
down vote

favorite












HI I'm a student and work part time. My Mom claims me as a dependent. I earned $5998 on my W2 and they withheld $528 in 2015 and the standard deduction is $6300. How does that work if the standard deduction is higher than my income? I was told I didnt need to file back then, but now someone says that yes, I should, because I'll receive a refund. Thank you for your help.
Jacob










share|improve this question























  • @Kevin "they withheld $528 in 2015"
    – D Stanley
    Aug 28 at 22:04










  • @DStanley Ah, I see it now. Read that sentence like 3 times without registering that part
    – Kevin
    Aug 28 at 22:05






  • 2




    If your mom claimed you as a dependent there are special rules that you should check. You can't claim the personal exemption. I don't remember what the deal was with the standard deduction in the case where somebody else claims you.
    – Ross Millikan
    Aug 29 at 0:22












up vote
2
down vote

favorite









up vote
2
down vote

favorite











HI I'm a student and work part time. My Mom claims me as a dependent. I earned $5998 on my W2 and they withheld $528 in 2015 and the standard deduction is $6300. How does that work if the standard deduction is higher than my income? I was told I didnt need to file back then, but now someone says that yes, I should, because I'll receive a refund. Thank you for your help.
Jacob










share|improve this question















HI I'm a student and work part time. My Mom claims me as a dependent. I earned $5998 on my W2 and they withheld $528 in 2015 and the standard deduction is $6300. How does that work if the standard deduction is higher than my income? I was told I didnt need to file back then, but now someone says that yes, I should, because I'll receive a refund. Thank you for your help.
Jacob







united-states taxes






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edited Aug 28 at 21:42









Chris W. Rea

26.2k1585174




26.2k1585174










asked Aug 28 at 21:00









Jacob

111




111











  • @Kevin "they withheld $528 in 2015"
    – D Stanley
    Aug 28 at 22:04










  • @DStanley Ah, I see it now. Read that sentence like 3 times without registering that part
    – Kevin
    Aug 28 at 22:05






  • 2




    If your mom claimed you as a dependent there are special rules that you should check. You can't claim the personal exemption. I don't remember what the deal was with the standard deduction in the case where somebody else claims you.
    – Ross Millikan
    Aug 29 at 0:22
















  • @Kevin "they withheld $528 in 2015"
    – D Stanley
    Aug 28 at 22:04










  • @DStanley Ah, I see it now. Read that sentence like 3 times without registering that part
    – Kevin
    Aug 28 at 22:05






  • 2




    If your mom claimed you as a dependent there are special rules that you should check. You can't claim the personal exemption. I don't remember what the deal was with the standard deduction in the case where somebody else claims you.
    – Ross Millikan
    Aug 29 at 0:22















@Kevin "they withheld $528 in 2015"
– D Stanley
Aug 28 at 22:04




@Kevin "they withheld $528 in 2015"
– D Stanley
Aug 28 at 22:04












@DStanley Ah, I see it now. Read that sentence like 3 times without registering that part
– Kevin
Aug 28 at 22:05




@DStanley Ah, I see it now. Read that sentence like 3 times without registering that part
– Kevin
Aug 28 at 22:05




2




2




If your mom claimed you as a dependent there are special rules that you should check. You can't claim the personal exemption. I don't remember what the deal was with the standard deduction in the case where somebody else claims you.
– Ross Millikan
Aug 29 at 0:22




If your mom claimed you as a dependent there are special rules that you should check. You can't claim the personal exemption. I don't remember what the deal was with the standard deduction in the case where somebody else claims you.
– Ross Millikan
Aug 29 at 0:22










3 Answers
3






active

oldest

votes

















up vote
4
down vote













If the standard deduction is higher than your income, then any federal income tax withheld would be refunded.



You have 3 years to claim a refund, so you'll need to file your 2015 return by April 15, 2019.



You can likely file using Form 1040EZ



Most states follow the federal deadlines, but you'll have to check for yours.






share|improve this answer



























    up vote
    2
    down vote














    How does that work if the standard deduction is higher than my income?




    Your withholdings are calculated by taking your periodic pay (e.g. weekly) and extrapolating it out to an entire year. If that amount is higher than the standard deduction (or possibly more depending on the number of exemptions on your W-4), then an estimate of the federal tax based on that pay period is withheld.



    It's not uncommon for summer or seasonal jobs to withhold more than they should since the pay for that period can't be extrapolated to an entire year.



    When you file your taxes, any tax withheld over what you owe (zero if you make less than the standard deduction) will be returned to you as a tax refund.






    share|improve this answer



























      up vote
      0
      down vote













      Yes, this happens all the time. You simply file your taxes and you get a refund. Really, you should be in the habit of filing taxes anyway.



      Filing taxes starts by grabbing a 1040 (or 1040EZ if applicable) and doing a dry run. Gather and plug in all the numbers, and see what happens. Yes, indeed, there'll be a line where



      • AGI is $5998

      • Standard deduction is $6300

      • AGI - Standard deduction is $0 (<0 not allowed)

      • Exemptions are whatever

      • Taxable income: Above - exemptions is $0 (<0 not allowed)

      • Tax: Look up $0 in the tax table, big surprise, tax is $0

      Then you get to the part after that, where it says



      • Tax withheld: $528

      • Other tax prepayments: $0

      • Total tax payments $528

      • If payments < tax owed, compute difference (<0 not allowed) and PAY: $0

      • If payments > tax owed, compute difference (<0 not allowed): $528

      • Amount you want to carryforward to your 2016 taxes: you write $0

      • Amount you want refunded: $528

      • Method for refunding: blah blah

      That's really it. It's a lot of numbers and boxes but it's just that.



      At the end of your dry run, when you realize you actually have something useful or mandatory to act on, then double check the numbers and transfer them onto another paper 1040 [EZ].



      Then you sign it, scan it for your records, write in your SSN, and mail it in.



      Several months later you get a letter from the IRS. It's a check. Grats.



      It's way past too late to efile, and it's a better habit to file on paper anyway. Filing on paper actually is filing, unlike e-file which is legally more like "data exchange in lieu of filing".



      Also, you don't want the habit of paper filing to be alien to you if you grow your wealth or businesses and start to get into the big complicated tax forms. Or file a 1040X to amend past year's taxes to claim even more refund, which is super fun by the way.






      share|improve this answer




















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        3 Answers
        3






        active

        oldest

        votes








        3 Answers
        3






        active

        oldest

        votes









        active

        oldest

        votes






        active

        oldest

        votes








        up vote
        4
        down vote













        If the standard deduction is higher than your income, then any federal income tax withheld would be refunded.



        You have 3 years to claim a refund, so you'll need to file your 2015 return by April 15, 2019.



        You can likely file using Form 1040EZ



        Most states follow the federal deadlines, but you'll have to check for yours.






        share|improve this answer
























          up vote
          4
          down vote













          If the standard deduction is higher than your income, then any federal income tax withheld would be refunded.



          You have 3 years to claim a refund, so you'll need to file your 2015 return by April 15, 2019.



          You can likely file using Form 1040EZ



          Most states follow the federal deadlines, but you'll have to check for yours.






          share|improve this answer






















            up vote
            4
            down vote










            up vote
            4
            down vote









            If the standard deduction is higher than your income, then any federal income tax withheld would be refunded.



            You have 3 years to claim a refund, so you'll need to file your 2015 return by April 15, 2019.



            You can likely file using Form 1040EZ



            Most states follow the federal deadlines, but you'll have to check for yours.






            share|improve this answer












            If the standard deduction is higher than your income, then any federal income tax withheld would be refunded.



            You have 3 years to claim a refund, so you'll need to file your 2015 return by April 15, 2019.



            You can likely file using Form 1040EZ



            Most states follow the federal deadlines, but you'll have to check for yours.







            share|improve this answer












            share|improve this answer



            share|improve this answer










            answered Aug 28 at 21:31









            Hart CO

            22.1k15267




            22.1k15267






















                up vote
                2
                down vote














                How does that work if the standard deduction is higher than my income?




                Your withholdings are calculated by taking your periodic pay (e.g. weekly) and extrapolating it out to an entire year. If that amount is higher than the standard deduction (or possibly more depending on the number of exemptions on your W-4), then an estimate of the federal tax based on that pay period is withheld.



                It's not uncommon for summer or seasonal jobs to withhold more than they should since the pay for that period can't be extrapolated to an entire year.



                When you file your taxes, any tax withheld over what you owe (zero if you make less than the standard deduction) will be returned to you as a tax refund.






                share|improve this answer
























                  up vote
                  2
                  down vote














                  How does that work if the standard deduction is higher than my income?




                  Your withholdings are calculated by taking your periodic pay (e.g. weekly) and extrapolating it out to an entire year. If that amount is higher than the standard deduction (or possibly more depending on the number of exemptions on your W-4), then an estimate of the federal tax based on that pay period is withheld.



                  It's not uncommon for summer or seasonal jobs to withhold more than they should since the pay for that period can't be extrapolated to an entire year.



                  When you file your taxes, any tax withheld over what you owe (zero if you make less than the standard deduction) will be returned to you as a tax refund.






                  share|improve this answer






















                    up vote
                    2
                    down vote










                    up vote
                    2
                    down vote










                    How does that work if the standard deduction is higher than my income?




                    Your withholdings are calculated by taking your periodic pay (e.g. weekly) and extrapolating it out to an entire year. If that amount is higher than the standard deduction (or possibly more depending on the number of exemptions on your W-4), then an estimate of the federal tax based on that pay period is withheld.



                    It's not uncommon for summer or seasonal jobs to withhold more than they should since the pay for that period can't be extrapolated to an entire year.



                    When you file your taxes, any tax withheld over what you owe (zero if you make less than the standard deduction) will be returned to you as a tax refund.






                    share|improve this answer













                    How does that work if the standard deduction is higher than my income?




                    Your withholdings are calculated by taking your periodic pay (e.g. weekly) and extrapolating it out to an entire year. If that amount is higher than the standard deduction (or possibly more depending on the number of exemptions on your W-4), then an estimate of the federal tax based on that pay period is withheld.



                    It's not uncommon for summer or seasonal jobs to withhold more than they should since the pay for that period can't be extrapolated to an entire year.



                    When you file your taxes, any tax withheld over what you owe (zero if you make less than the standard deduction) will be returned to you as a tax refund.







                    share|improve this answer












                    share|improve this answer



                    share|improve this answer










                    answered Aug 28 at 21:54









                    D Stanley

                    46.2k7141150




                    46.2k7141150




















                        up vote
                        0
                        down vote













                        Yes, this happens all the time. You simply file your taxes and you get a refund. Really, you should be in the habit of filing taxes anyway.



                        Filing taxes starts by grabbing a 1040 (or 1040EZ if applicable) and doing a dry run. Gather and plug in all the numbers, and see what happens. Yes, indeed, there'll be a line where



                        • AGI is $5998

                        • Standard deduction is $6300

                        • AGI - Standard deduction is $0 (<0 not allowed)

                        • Exemptions are whatever

                        • Taxable income: Above - exemptions is $0 (<0 not allowed)

                        • Tax: Look up $0 in the tax table, big surprise, tax is $0

                        Then you get to the part after that, where it says



                        • Tax withheld: $528

                        • Other tax prepayments: $0

                        • Total tax payments $528

                        • If payments < tax owed, compute difference (<0 not allowed) and PAY: $0

                        • If payments > tax owed, compute difference (<0 not allowed): $528

                        • Amount you want to carryforward to your 2016 taxes: you write $0

                        • Amount you want refunded: $528

                        • Method for refunding: blah blah

                        That's really it. It's a lot of numbers and boxes but it's just that.



                        At the end of your dry run, when you realize you actually have something useful or mandatory to act on, then double check the numbers and transfer them onto another paper 1040 [EZ].



                        Then you sign it, scan it for your records, write in your SSN, and mail it in.



                        Several months later you get a letter from the IRS. It's a check. Grats.



                        It's way past too late to efile, and it's a better habit to file on paper anyway. Filing on paper actually is filing, unlike e-file which is legally more like "data exchange in lieu of filing".



                        Also, you don't want the habit of paper filing to be alien to you if you grow your wealth or businesses and start to get into the big complicated tax forms. Or file a 1040X to amend past year's taxes to claim even more refund, which is super fun by the way.






                        share|improve this answer
























                          up vote
                          0
                          down vote













                          Yes, this happens all the time. You simply file your taxes and you get a refund. Really, you should be in the habit of filing taxes anyway.



                          Filing taxes starts by grabbing a 1040 (or 1040EZ if applicable) and doing a dry run. Gather and plug in all the numbers, and see what happens. Yes, indeed, there'll be a line where



                          • AGI is $5998

                          • Standard deduction is $6300

                          • AGI - Standard deduction is $0 (<0 not allowed)

                          • Exemptions are whatever

                          • Taxable income: Above - exemptions is $0 (<0 not allowed)

                          • Tax: Look up $0 in the tax table, big surprise, tax is $0

                          Then you get to the part after that, where it says



                          • Tax withheld: $528

                          • Other tax prepayments: $0

                          • Total tax payments $528

                          • If payments < tax owed, compute difference (<0 not allowed) and PAY: $0

                          • If payments > tax owed, compute difference (<0 not allowed): $528

                          • Amount you want to carryforward to your 2016 taxes: you write $0

                          • Amount you want refunded: $528

                          • Method for refunding: blah blah

                          That's really it. It's a lot of numbers and boxes but it's just that.



                          At the end of your dry run, when you realize you actually have something useful or mandatory to act on, then double check the numbers and transfer them onto another paper 1040 [EZ].



                          Then you sign it, scan it for your records, write in your SSN, and mail it in.



                          Several months later you get a letter from the IRS. It's a check. Grats.



                          It's way past too late to efile, and it's a better habit to file on paper anyway. Filing on paper actually is filing, unlike e-file which is legally more like "data exchange in lieu of filing".



                          Also, you don't want the habit of paper filing to be alien to you if you grow your wealth or businesses and start to get into the big complicated tax forms. Or file a 1040X to amend past year's taxes to claim even more refund, which is super fun by the way.






                          share|improve this answer






















                            up vote
                            0
                            down vote










                            up vote
                            0
                            down vote









                            Yes, this happens all the time. You simply file your taxes and you get a refund. Really, you should be in the habit of filing taxes anyway.



                            Filing taxes starts by grabbing a 1040 (or 1040EZ if applicable) and doing a dry run. Gather and plug in all the numbers, and see what happens. Yes, indeed, there'll be a line where



                            • AGI is $5998

                            • Standard deduction is $6300

                            • AGI - Standard deduction is $0 (<0 not allowed)

                            • Exemptions are whatever

                            • Taxable income: Above - exemptions is $0 (<0 not allowed)

                            • Tax: Look up $0 in the tax table, big surprise, tax is $0

                            Then you get to the part after that, where it says



                            • Tax withheld: $528

                            • Other tax prepayments: $0

                            • Total tax payments $528

                            • If payments < tax owed, compute difference (<0 not allowed) and PAY: $0

                            • If payments > tax owed, compute difference (<0 not allowed): $528

                            • Amount you want to carryforward to your 2016 taxes: you write $0

                            • Amount you want refunded: $528

                            • Method for refunding: blah blah

                            That's really it. It's a lot of numbers and boxes but it's just that.



                            At the end of your dry run, when you realize you actually have something useful or mandatory to act on, then double check the numbers and transfer them onto another paper 1040 [EZ].



                            Then you sign it, scan it for your records, write in your SSN, and mail it in.



                            Several months later you get a letter from the IRS. It's a check. Grats.



                            It's way past too late to efile, and it's a better habit to file on paper anyway. Filing on paper actually is filing, unlike e-file which is legally more like "data exchange in lieu of filing".



                            Also, you don't want the habit of paper filing to be alien to you if you grow your wealth or businesses and start to get into the big complicated tax forms. Or file a 1040X to amend past year's taxes to claim even more refund, which is super fun by the way.






                            share|improve this answer












                            Yes, this happens all the time. You simply file your taxes and you get a refund. Really, you should be in the habit of filing taxes anyway.



                            Filing taxes starts by grabbing a 1040 (or 1040EZ if applicable) and doing a dry run. Gather and plug in all the numbers, and see what happens. Yes, indeed, there'll be a line where



                            • AGI is $5998

                            • Standard deduction is $6300

                            • AGI - Standard deduction is $0 (<0 not allowed)

                            • Exemptions are whatever

                            • Taxable income: Above - exemptions is $0 (<0 not allowed)

                            • Tax: Look up $0 in the tax table, big surprise, tax is $0

                            Then you get to the part after that, where it says



                            • Tax withheld: $528

                            • Other tax prepayments: $0

                            • Total tax payments $528

                            • If payments < tax owed, compute difference (<0 not allowed) and PAY: $0

                            • If payments > tax owed, compute difference (<0 not allowed): $528

                            • Amount you want to carryforward to your 2016 taxes: you write $0

                            • Amount you want refunded: $528

                            • Method for refunding: blah blah

                            That's really it. It's a lot of numbers and boxes but it's just that.



                            At the end of your dry run, when you realize you actually have something useful or mandatory to act on, then double check the numbers and transfer them onto another paper 1040 [EZ].



                            Then you sign it, scan it for your records, write in your SSN, and mail it in.



                            Several months later you get a letter from the IRS. It's a check. Grats.



                            It's way past too late to efile, and it's a better habit to file on paper anyway. Filing on paper actually is filing, unlike e-file which is legally more like "data exchange in lieu of filing".



                            Also, you don't want the habit of paper filing to be alien to you if you grow your wealth or businesses and start to get into the big complicated tax forms. Or file a 1040X to amend past year's taxes to claim even more refund, which is super fun by the way.







                            share|improve this answer












                            share|improve this answer



                            share|improve this answer










                            answered Aug 30 at 3:49









                            Harper

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                            17.5k32656



























                                 

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