<prompt> Human: Hey, Im just wondering because I will be dependent on my mothers tax form and I am also in college. I made around 9,000 this year and will be owed only a couple hundred dollars. And if I do file taxes, I would probably not get any financial aid. I would prefer to get my college paid than to get only that little money back. Will there be any penalties in not filing at all?  <response>: As a dependent with more than 6300 in earned income you are technically required to file, although there is no penalty for late filling if you are owed a refund. However even if you do not file you are required to accurately disclose your income when applying for financial aid. 