<prompt> Human: I met the two criteria: full return last year and expected one again. Didnt realize youre not supposed to claim exempt from witholding if your parents can claim you as a dependent.How screwed am I?Edit: looks like Im not screwed! Thanks guys!  <response>: Didnt realize youre not supposed to claim exempt from witholding if your parents can claim you as a dependent.Whether or not your parents claim you as a dependent is not a factor in whether you can claim exempt.Per Pub. 505 which is where the w-4 tells you took look for information on marking exempt, you can mark yourself exempt if you were planning to earn less than 6300 in 2016. Given you say you earned 5000, that is completely fine. You will have no tax liability. Marking exempt was correct. 