I am looking for something like.... under 25,000 - you get it all back
25,000-30,000 atleast 10 % they keep
30,000-40,000 ....well...whatever....ect...ect.. Thanks for your help
2007-01-17 14:41:46 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
THERE ARE ALOT OF FACTORS
IF YOU ARE SINGLE WITH NO KIDS YOU GET EVERYTHING BACK UP TO $8,450
AFTER THAT YOU START PAYING
2007-01-17 14:46:14 · answer #1 · answered by (_)iiiiD 4 · 0⤊ 1⤋
Exactly what tax bracket are you in if you paid zero taxes, earned $20,000, had 4 kids, and got back a refund of $3750? Would that be NEGATIVE tax bracket? That's what the MAJORITY of Americans are in.
2007-01-21 18:05:17 · answer #2 · answered by WealthBuilder 4 · 0⤊ 0⤋
if $8,450 or less - you get it all back
sorry - there are no easy answers - why do you think we have H&R Block and Hewlett Jackson just to name two companies
10 CPA's and 10 IRS agents had the SAME data for a tax return
they got 20 DIFFERENT answers - and they were all correct!
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want to get it all in your check = support the fair tax act
and let's get rid of the I R S! Make April 15 just another spring day!
2007-01-17 22:48:35 · answer #3 · answered by tomkat1528 5 · 0⤊ 1⤋