I am curious to know what an approx. refund will be. I claim zero dependants my total income before taxes last year was $31,564.19. I had some pre-tax dedcutions including retirement and health care. Federal taxes taken out where $3,122.95 and state deductions where $1,491.10. I do have seperate money in IRAs and money markets so I am not sure how that will play in. When I use an online calculator it says I owe, I have also put in my info from last year and it said I owed money. However last year I got a refund. So just curious if you have any idea.
2007-01-19 04:36:58 · 3 answers · asked by Brooke N 1 in Business & Finance ➔ Taxes ➔ United States
If you claimed zero all year and you claim 1 (yourself ) when you do your taxes i don't think that you will have to pay, Because you had so much taken out of your pay all year they will owe you.
2007-01-19 04:49:53 · answer #1 · answered by Rick S 1 · 1⤊ 0⤋
There are a lot of factors to consider, namely, are you itemizing? Did you last year? How did you report the state income deductions last year? How much did the money market pay?
2007-01-19 12:53:28 · answer #2 · answered by M O 6 · 0⤊ 0⤋
its up to the vodo gods of the IRS. no really, the only one who can figure it out for you is the tax preparer, she can sit down with you and figure out all of the financial details in your life.
2007-01-19 12:47:36 · answer #3 · answered by Jen 5 · 0⤊ 0⤋