I don't get how to figure how much that you have to pay the government, and then what your tax return is?!?!?!
2007-08-06 03:30:20 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Your tax return is a form or set of forms that you fill out to determine how much tax you owe for the year.
Your refund is an amount that is returned to you. You only get a refund if you paid in more than you owed - it's kind of like getting change at the grocery store - if your bill is $12 and you give them a $20 bill, you'll get change (like your tax refund) - if you give them a $10 bill you'll have to pay more (the other $2), and if you give them exactly $12, you don't owe more but don't get change either.
2007-08-06 05:24:22 · answer #1 · answered by Judy 7 · 2⤊ 0⤋
Assuming you are in the USA then go to http://www.irs.gov and print off the appropriate tax forms and fill them in for an estimate.
2007-08-06 03:33:37 · answer #2 · answered by Anonymous · 0⤊ 0⤋
That's what CPA's/Tax Preparers are for. Also, your payroll dept can help you with how much to have taken out of your paycheck. I've also linked a website for payroll calculations.
2007-08-06 03:34:25 · answer #3 · answered by Anonymous · 0⤊ 0⤋
read the form and the tax book
2007-08-06 03:33:53 · answer #4 · answered by skcs11 7 · 0⤊ 0⤋
If you do not know how to do it, them hire professionals to do it.There are many variables to figure taxes.
2007-08-06 03:33:57 · answer #5 · answered by sirmrmagic 6 · 0⤊ 0⤋
go to H and R Block
2007-08-06 03:32:58 · answer #6 · answered by Anonymous · 1⤊ 0⤋
I use Turbotax.
2007-08-06 03:33:44 · answer #7 · answered by Anonymous · 0⤊ 0⤋