Made about $75,000 last year between my husband and I.
2007-01-26 08:57:07 · 6 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
I assume you mean from taxes? We make about the same and get about 3000 back. Not sure if that is average? We have only one child as well.
2007-01-26 09:08:50 · answer #1 · answered by Becky R 2 · 0⤊ 1⤋
If you're referring to your tax refund, your question is irrelevant. In the end, you pay what you pay. When you file, you calculate your taxes for the year. If that figure is less than what you've had withheld, you owe; if it's more, you get a refund.
2007-01-26 09:14:43 · answer #2 · answered by Rob D 5 · 1⤊ 0⤋
You will get no earned income credit. Your incoem is too high. As for other refunds it will depend on how much was withheld through the year.
EITC Thresholds and Tax Law Updates
Current Tax Year 2006
Earned income and adjusted gross income (AGI) must each be less than:
$36,348 ($38,348 married filing jointly) with two or more qualifying children;
$32,001 ($34,001 married filing jointly) with one qualifying child;
$12,120 ($14,120 married filing jointly) with no qualifying children.
Tax Year 2006 maximum credit:
$4,536 with two or more qualifying children;
$2,747 with one qualifying child;
$412 with no qualifying children.
Investment income must be $2,800 or less for the year.
2007-01-26 09:09:34 · answer #3 · answered by Betsy 7 · 0⤊ 1⤋
Any average would be worthless information and would probably have no correlation to what you might get.
Your refund is based on your unique tax situation and how much tax was withheld from your wages.
2007-01-26 09:49:10 · answer #4 · answered by Bostonian In MO 7 · 1⤊ 1⤋
lots maybe 7?
2016-03-29 03:55:45 · answer #5 · answered by Anonymous · 0⤊ 0⤋
go get cpa
2007-01-26 09:09:52 · answer #6 · answered by Anonymous · 0⤊ 1⤋