Will SURF Stipend Affect Financial Aid?

Rinnegan
Sun, 03 Jun 2012 16:00:53 +0000

If I make $5,000 from a REU / SURF, will I have to file a tax return? If so, will it affect my financial aid? What is the threshold for a single dependent still living with parents to not have to file taxes nor have it affect financial aid?

Is it $5,800? Like in here:

[Publication 501 (2011), Exemptions, Standard Deduction, and Filing Information](http://www.irs.gov/publications/p501/ar02.html#en_US_2011_publink1000220702)

Or is there something else I am missing?