im 16 years old. I made 3,664 dollars. Thay had taken away for sure 500 or more in taxes. Do I get 500 dollars back or what happens to the money they've taken away?
I need to know, can someone help me?
2007-12-12 14:27:38 · 4 answers · asked by Pablo L 1 in Business & Finance ➔ Taxes ➔ United States
You don't get back the money they deducted for social security (FICA) and medicare. If they deducted anything for federal income tax, you can get that back if you file a tax return. If they took money out for state income tax, you might get some or all of that back too, depending on what state you live in.
2007-12-12 14:32:17 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
Your *return* is the forms that you file with the IRS. You are probably asking about your *refund*. If you earn less than $5700 for the year, you do not need to file a tax return. However, if your employer is withholding anything from your check for federal income taxes, then filing a return is the only way you are going to get that money back again. You'll file your return in the spring of 2012 for all the income you earn during 2011. When the time comes to file, you'll get a W-2 from your employer and will use the numbers from that form to fill out your return.
2016-04-08 23:56:44 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You will get back all of your federal withholding, some of your state, and none of FICA or social security tax.
2007-12-12 14:35:50 · answer #3 · answered by Steve 6 · 1⤊ 0⤋
you'll get it back in refund, or almost all of it. But you have to file your taxes to get it.
2007-12-12 14:29:34 · answer #4 · answered by suzanne g 6 · 0⤊ 1⤋