I had a work-study job at my university last year, and I had federal income tax withheld. I made under $3000 on my job. I'm claimed as a dependent on my parents' tax return, so I don't qualify for Earned Income Credit. Therefore, the 1040EZ I'm filing now says I still owe taxes. I thought that all full-time students can get refunds from the federal income tax withheld if they file their tax returns? How does this work out? Do I get a refund even if the tax form says I owe taxes? Or am I going to be charged more taxes if I file my tax return?
I heard from other students that they got their refunds back. So should I expect to get a refund even though the tax I owe exceeds the federal tax withheld on the 1040EZ? I am using the IRS e-file for online filing. Thanks.