I'm 21 years old and I made $15,000 last year. They with held 980 for taxes, 978 for social security and 278 for Medicare. How much should I get back?
2007-01-31 08:49:36 · 6 answers · asked by cristiana d 1 in Business & Finance ➔ Taxes ➔ United States
The Social Security and Medicare are gone. You'll likely get most or all of the withholding back with such a low income. But you'll get nothing until you file, at which point you'll know what you'er getting back.
2007-01-31 08:53:39 · answer #1 · answered by monger187 4 · 0⤊ 1⤋
Taxcut.com will let you start a tax return for free. It's a very easy process, just putting in the information they request. You'll need your W2s ready. That will let you know roughly how much you should be getting back. From the information you gave us, it would be hard to estimate since there are so many varying factors. Good luck!
2007-01-31 16:54:07 · answer #2 · answered by Elizabeth M 2 · 0⤊ 0⤋
The only way to answer this is to prepare your tax return.
However, forget about the SS and Medicare. You don't get those back. Those go to provide benefits to your Grandpa and Grandma.
2007-01-31 16:54:42 · answer #3 · answered by r_kav 4 · 0⤊ 0⤋
If you file single, no dependents, no 401k and can claim yourself (your parents still can't claim you), you should owe $613 in tax, making your refund $367. If any of those are different, you'll have to provide more information.
2007-01-31 17:15:08 · answer #4 · answered by Missy 2 · 2⤊ 0⤋
You can file for free on Free tax USA
2007-01-31 16:53:37 · answer #5 · answered by ssmithblueskies 2 · 0⤊ 0⤋
to me it sounds like you might have not paid enough federal in. to figure this out there needs to be more info. dependents? 401k?
its just hard to say. sorry
2007-01-31 16:55:38 · answer #6 · answered by unclewewill 2 · 0⤊ 0⤋