2006-07-12 00:44:59 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
There is not really a limit. It depends on your deductions as well as your income.
Try www.irs.gov
2006-07-12 00:49:38 · answer #1 · answered by mommafrog 3 · 2⤊ 0⤋
A single person under age 65 with no dependents last year got a standard deduction of $5000 plus a $3200 exemption, so unless they had itemized deductions over $5000, would have paid tax on anything above $8200. For a married couple, people over 65, or people with dependents, that amount would be higher. If a person can be claimed as a dependent by someone else, the amount can be lower.
This is just for federal income tax, which I assume is what your question is. State taxes vary by where you live, and you don't get back what's deducted for social security until you are eligible to collect it.
2006-07-12 05:57:15 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
I AM THINKING 14,000--JUST A THOUGHT-IF YOU KEEP YOURSELF IN POVERTY, THEN YOU SHOULD GET ALL YOUR TAXES BACK, ALSO YOU MAY BE ELIGIBLE FOR EIC--EARNED INCOME CREDIT. TOO-DEPENDING ON YOUR TAX FILING STATUS IE: MARRIED OR SINGLE? CLAIM 0-1-2-3 ?
THERE ARE SO MANY DIFFERENT FACTORS TO CONSIDER.
2006-07-12 00:51:11 · answer #3 · answered by gemini~~~marie 3 · 0⤊ 0⤋
$15,000 per year.
Last year my little brother filed his taxes, they told him that.
2006-07-12 00:49:48 · answer #4 · answered by Demosthenes&Locke 3 · 0⤊ 0⤋