This Web site contains a compilation of more than a thousand consumer finance
columns written by Tony Novak from the 1980s through 2006, updated and reformatted for
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2010.
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Are students exempt from income tax?
originally posted: 11/22/2006
reposted: 8/15/2011
Q:
Are students exempt from filing federal income tax returns?
A:
No; everyone who has income above a certain amount is required to file a federal income tax return, even if no income tax is due. Most students do not earn enough to have any federal income tax payable and therefore many students file a return specifically with the intention of receiving a refund of any income taxes that were withheld from a paycheck.
Most students can file an income tax return online at no cost and receive a refund for any taxes that might have been withheld.
Students may be required to file a tax return to claim a refund of
income taxes withheld.
More resources:
http://www.irs.gov
