what if a worker is Low income or he/she didnt make much in year will he/she can get high income tax return as or the Irs should pay he/she back''
2007-02-17 16:37:48 · 5 answers · asked by aguila_leon2 1 in Business & Finance ➔ Taxes ➔ United States
You generally only get a refund if you paid in too much in tax throughout the year. Low-income earners may be eligible for the Earned Income Tax Credit. That is normally paid when you file your tax return although it is possible to collect advance EITC payments from your employer if you're eligible for it.
2007-02-18 00:40:05 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
If you have children, married or not, and you income is low enough, you may qualify for the Earned Income Tax Credit. You can get more back than you paid in.
2007-02-18 01:08:08 · answer #2 · answered by jeff410 7 · 0⤊ 0⤋
If you did not make much last year, anything you paid in federal taxes will most likely be refunded to you. Also, if you are married and have children, there are several more credits that you can take to get an even bigger refund.
2007-02-18 00:57:23 · answer #3 · answered by MarineMom 6 · 0⤊ 0⤋
if you file single and you claim yourself, you wont owe tax on your earnings up to $8,450. so you'd get your taxes refunded.
2007-02-18 00:55:06 · answer #4 · answered by tma 6 · 0⤊ 0⤋
we must show earning money per year 150000 in the incommodes returns
2007-02-18 00:52:40 · answer #5 · answered by ari e 1 · 0⤊ 1⤋