2007-02-13 18:41:41 · 7 answers · asked by sparkplug 1 in Business & Finance ➔ Taxes ➔ United States
you only get Federal Income Tax Withheld back and State Taxes back.
(just FYI, when you're old enough to recieve social security, it will be all gone, according to the media)
2007-02-13 18:47:19 · answer #1 · answered by BIGDAWG 4 · 0⤊ 0⤋
You may be entitled to recieve either all or a portion of the federal income tax back. You never get refunded for the social security tax.
2007-02-14 02:45:30 · answer #2 · answered by msu_milk_chocolate 3 · 0⤊ 0⤋
You calculate your total tax on your income for the year, and then if the federal income tax withholding is more than that, you get back the extra. Your social security tax money stays in until you are eligible to collect it.
2007-02-14 17:07:34 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Federal
2007-02-14 02:44:42 · answer #4 · answered by blue_cow27 4 · 0⤊ 0⤋
You MIGHT get some of the Federal Income Tax withheld, depending upon your total tax liability.
You never get the SS or Medicare tax back, unless you earned more than $94,000 from two or more jobs where you would get a refund of excess SS withholdings.
2007-02-14 06:07:48 · answer #5 · answered by Bostonian In MO 7 · 1⤊ 0⤋
You get a portion of the Federal and State taxes back, but not all of it.
2007-02-14 02:44:45 · answer #6 · answered by patchouligirl 4 · 0⤊ 0⤋
When you file your taxes you can potentially get federal taxes back. You don't get social security until you retire.
2007-02-14 02:45:08 · answer #7 · answered by smtilley 3 · 0⤊ 0⤋