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Show parents furnish more than one half of John's support, they may also claim him as a dependent de-pendent on their return. Korean GI Bill education benefits for veterans will not be available after January 31, 1965, the Veterans Administration Administra-tion warns. parents may claim his exemption exemp-tion as a dependant. The same rule applies if the .child is over 19 but is a full-time student for at least five months of the year. Mr. Wise emphasized that even though a student may be listed as a dependent on his parent's return, this does not affect his responsibilities as a taxpayer. He gave the following follow-ing example: John, a high school senior, earned $810 with $46 tax withheld. He must file a return, claiming his own exemption ex-emption as a taxpayer. The tax from the tax table on 5810 is $26; thus he will receive a refund of $20. He may choose to take his refund in the form of a U. S. Savings Bond. If his Students liable for federal income return Some high school and college students misunderstand their Federal tax obligation according accord-ing to Roland V. Wise of the Utah District Internal Revenue Service. Many think they are exempt from income tax as students and have been disappointed disap-pointed when only part of their withheld tax was refunded. He said that a student is liable for Federal income tax just like any other tax payer. The misunderstanding is caused by special provisions in the tax law that allows a parent to claim his child as a dependent even though the child had more than $600 income. If the parents par-ents contributed more than one half of the support of the child and the child is under 19, the |