I'm a student who makes about 23000 (gross) can someone tell me how much should i be expecting for return i have no childs and i declare myself as a dependent. please reply
2007-01-25 03:57:26 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
go to turbotax and they estimate how much u will be getting back. it depends on how much tax was taken out not how much in made a year
2007-01-25 04:06:02 · answer #1 · answered by vanessa c 2 · 1⤊ 1⤋
Income: $23,000
Less:
Standard Deduction: $5,150
Personal Exemption: $3,300
Taxable Income: $14,550
Tax: $1,775, taking the $30 telephone excise credit.
If your withholding was more than $1,775 you get a refund, if less, you owe the difference.
If you can take a deduction or credit for education you will owe less tax.
2007-01-25 04:05:48 · answer #2 · answered by ninasgramma 7 · 1⤊ 1⤋
not enough info - you get your standard deduction but was there any withholding?
Get TurboTax and find out (Don't go to H&R Block since they are idiots that don't know tax law)
2007-01-25 04:14:02 · answer #3 · answered by Dizney 5 · 0⤊ 0⤋
you can try www.expresstaxrefund.com
2007-01-25 04:26:25 · answer #4 · answered by john_zoltan 1 · 0⤊ 0⤋