How much will my tax return be?

Question

I will have made 45,000 at the end of December
I have had about 7,000 in federal and 4,000 in state taken
I claimed single/0
About how much will I get back ? (percentage)

Answer 1

Telling us what you have claimed as withholding allowances does not allow anyone to calculate your tax refund. Do you have children? A mortgage? Property taxes?

Lets assume you have none of that. Your $45,000 will be reduced by about $8,500 for the standard deduction and personal exemption. That leaves you with about $36,500. Using the 2005 tax table (I can't lay my hands on the 2006 one right now) gives you a liability of $5,796. So your federal refund will be about $1,200.

As you did not say what state you are from I cannot say how much you will get back from the state.