At the end of this year, I will have earned 30,000 gross salary. What would you estimate my refund would be?
2007-09-07 11:02:08 · 4 answers · asked by justellemJimsaidhello 1 in Business & Finance ➔ Taxes ➔ United States
I believe you are looking for the psychic network.
2007-09-07 11:06:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Look at form 1040-ES and its instructions to determine the tax on $30,000 (which depends on your filing status, deductions, credits and exemptions). Subtract that amount from the amount that will be withheld (look at your paystub, multiply by the number of pay periods per year).
2007-09-07 11:09:01 · answer #2 · answered by StephenWeinstein 7 · 0⤊ 0⤋
psychic network is right from above.
What was withholding ( IRS check theft)?
What are your deductions?
A refund means you payed too much in the first place.
Of course when the FAIRTAX ACT H.R. 25 passes, you will have no income tax no withholding. Only a retail sales tax on new items only. check it out. www.fairtax.org
Frequently Asked Questions about the FairTax http://www.fairtax.org/fairtax/faqs.htm
2007-09-07 11:13:54 · answer #3 · answered by Anonymous · 0⤊ 0⤋
$1823.57.
Hey, just kidding. Without having a clue as to what was withheld, your filing status, any dependents, and a host of other things, there's no way anyone can give you even a wild guess.
2007-09-07 15:12:06 · answer #4 · answered by Judy 7 · 0⤊ 0⤋