I only made 11,000 last year, and I heard somewhere that any less than 12,000 you didn't have to pay taxes on. Does anyone know about this? I had witholdings I'm just hoping to get it all back as I did the first year I worked when I only made a few grand.
2007-01-25 11:34:16 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
It depends on what your filing status is...married, single, etc. and also how many dependents you claim. It's different for everyone, so you can't really use a number like $12,000. (No matter what, you need to file your return, even if you think your calculated tax may be zero.)
2007-01-25 12:03:12 · answer #1 · answered by countn_it 1 · 0⤊ 0⤋
If you are married and filing a joint return, then you would not owe anything or even have to file under most circumstances if your total joint income was under $16,900. If you're single and not a dependent of anyone, the limit is $8450. Single and a dependent, the limit is $5150. Other filing status have different limits, and limits are a little higher for people 65 and over.
If you made $11,000 and are single, you'll probably pay some taxes so won't get all of your withholding back.
2007-01-25 21:28:01 · answer #2 · answered by Judy 7 · 0⤊ 0⤋