how much will i get back on my TAXES?

Question

i am a college student and last year i worked at two jobs. my rough estimate for my income is around 9,500 to $10,000.


how much will i roughly get back? thanks!!! :)

Answer 1

That depends on whether you're a dependent, and how much you had withheld, among other things. If you're a dependent of someone, then your tax on $10,000 would be around $488. If you are NOT a dependent, your tax would be around $156.

If your withholding is more than your tax, you'll get the balance refunded to you. If your withholding is less than your tax, then you'll owe the balance.

This assumes you are single and have no dependents.

Answer 2

depends on a lot of things...primarily, how much did you already pay in? In the jobs that you worked, did they withhold any federal income tax? Did your state withold any tax? Or were you paid directly? If there was witholding, what does your W-2 say that you paid in? Do you have any investments or accounts that are earning interest? You should get a 1099-R for them.

Other things to think about...do your parents still claim you as a dependent? If so, this whole thing could be a moot point.