I don't really understand what determines the amount you owe or the amount you will be refuned on your taxes...As long as you aren't reporting inacurrate tax information (claiming too many dependents, etc) for your employment, is it assured that you won't owe anything?
I just started working professionally in July of last year so I did not make a ton of money (about $10,500), plus I have student loan interest of upwards of around $765. So, my employment and my student loans are the only places I will be reporting tax info on. I claimed myself as a dependant.
Could you assume at the very least that I wouldn't owe anything? Just curious. Thanks.
2007-01-22
03:13:44
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8 answers
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asked by
LG
1
in
United States