And about how much do you think i'll get back. I only worked part time, about 26 hours a week at about 8 hr. for like 2 months this year.
2007-01-15 10:48:59 · 21 answers · asked by season_leigh 2 in Business & Finance ➔ Taxes ➔ United States
Judy is right EIC can get you anywhere from 1- 5,000 if you qualify. If you make less than about 36,000 you should qualify. You are only required to file if you made over 5,150 if single, 10,300 if married but you'll want to find out if you qualify for EIC.
2007-01-15 11:08:01 · answer #1 · answered by Anonymous · 0⤊ 0⤋
you do not give enough information!
1. are you married
2. are you married filing separately
3 what was your total income for the year
4 is anyone else claiming the 2 children on their tax return--like their father maybe?
if you are claiming only yourself, you must file a 1040ez or 1040A. after you take the deductions you are entitled to-either standard or itemized, you will get the difference from what was taken from your check and what you owe.
if you claim the 2 children and are single and your income for the year is very low, you may be able to get an income from irs to bring your annual income above the poverty level. you get credit for day care expenses.
lady are you a beginner at this? this is why they pay the irs big bucks. call the local irs office for advice. have all your receipts handy to tell them what you spent for the year and on what. also you must wait for your w-2 and any other form showing income to come in the mail.
you can download forms on the irs website for 2006 or pick them up at the post office. but the post office has a limited supply! send me a check and i'll do your taxes for you.
2007-01-15 19:15:44 · answer #2 · answered by the_shepherd's_child 5 · 0⤊ 1⤋
Yes, file anyway. You are probably eligible for the Earned Income Credit which would give you more back than you paid in. No way to tell how much you'll get without a lot more information such as how much you made total, what was withheld, and your marital status.
Good luck.
2007-01-15 18:53:11 · answer #3 · answered by Judy 7 · 2⤊ 0⤋
DEFINATELY FILE - The years I worked the least I got the most back at tax time because I was a widowed mom and could claim Head of Houshold. (you only can if you are basically the sole provider for the children)
2007-01-15 19:00:08 · answer #4 · answered by Anonymous · 0⤊ 0⤋
yes, file the tax return. If your employer withheld federal taxes you can only get a return if you file. You may also qualify for an earned income credit which could give you more back than you paid in.
2007-01-15 18:54:14 · answer #5 · answered by anr 3 · 1⤊ 0⤋
From the IRS website...link below
Who Should File
Even if you do not have to file, you should file a tax return if you can get money back. For example, you should file if one of the following applies.
You had income tax withheld from your pay.
You made estimated tax payments for the year or had any of your overpayment for last year applied to this year's estimated tax.
You qualify for the earned income credit. See Publication 596, Earned Income Credit (EIC), for more information.
You qualify for the additional child tax credit. See the instructions in your tax forms package for more information on this credit.
You qualify for the health coverage tax credit. For information about this credit, see Form 8885, Health Coverage Tax Credit.
You qualify for the credit for federal telephone excise tax paid. If you are filing a return only to claim this credit, you may be able to file Form 1040EZ-T, Request for Refund of Federal Telephone Excise Tax. See the instructions in your tax forms package for more information on this credit.
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In adition I was not satisfied with this anwer fully so I pulled up the 2006 1040 form and it states:
Chart A—For Most People
IF your filing status is . . . Single
THEN file a return if your gross income* was at least . . . $ 8,450
IF your filing status is . . . Married filing jointly**
THEN file a return if your gross income* was at least . . . $16,900
*Gross income means all income you received in the form of money, goods, property, and services that is not exempt from tax, including any income from sources outside
the United States (even if you can exclude part or all of it).
**If you did not live with your spouse at the end of 2006 (or on the date your spouse died) and your gross income was at least $3,300, you must file a return.
2007-01-15 19:11:59 · answer #6 · answered by ki4ki_b 2 · 0⤊ 1⤋
Yes you should file your taxes. I am not sure but I think that you have to file taxes if you have recieved a company paycheck. As far as how much you will get back, I am not to sure.
2007-01-15 19:04:44 · answer #7 · answered by B-roc 1 · 0⤊ 0⤋
When you fill out the tax form, you'll find out whether you need to file or not. I know one thing -- if you don't file, you won't get anything back. But if you file, chances are that you might get all of it.
2007-01-15 18:53:31 · answer #8 · answered by drshorty 7 · 0⤊ 0⤋
You will get money back just for having 2 kids and making so little. Hopefully your kids had a great year with you.
2007-01-15 19:04:33 · answer #9 · answered by J B 1 · 0⤊ 0⤋
Yes, I made $3K the year I had my son was born and got back nearly that much because of earned income credit.
2007-01-15 19:07:09 · answer #10 · answered by Leah D 1 · 0⤊ 0⤋