i have made 58000 dollars this year and have payed in 10407 in federal taxes. i am single and claim 0 till the end of the year then claim 1. i have pay 2570 in state taxes too. what is the percentage that i have to actually pay and what will i get back>?
2007-12-23 09:13:14 · 3 answers · asked by lacey w 1 in Business & Finance ➔ Taxes ➔ United States
One thing that might change the outcome of the above answer: Do you invest in an IRA or 401k? If so, that can make your refund even higher.
As to state tax, that's a separate issue and varies from state to state, so no one here can really give you an answer unless you say where you live, and if the answerer is familiar with that state's tax system.
2007-12-23 12:55:31 · answer #1 · answered by darkridr 6 · 0⤊ 0⤋
You should get around $1650 back for federal. You don't say where you live so it's impossible to give you any answer on your state tax.
2007-12-25 00:51:10 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Let's see, single, no dependents, no deductions.
$58,000 - $5350, - 3400 = $49,250. Federal tax is about $8900, so you'll get about $1000 back.
2007-12-23 17:21:47 · answer #3 · answered by Anonymous · 2⤊ 0⤋