We will be filing married filed jonit and we have two children one is two and the other is four months old. I stoped working in the middle of the year to stay at home with our kids so my income was wages-14473.31 fed tax-775.50 state tax-329.30 my husbands is wages-50279.82 fed tax- 4631.25 state tax-2221.66 please if you need any thing eles. i will give please just help me>>> i also have a tax write off for my windows this year because we put new windows in we get to write off 200.00. thanks alot. we live in kansas city kansas
2007-12-25 16:58:38 · 2 answers · asked by shannonmendez@att.net 1 in Business & Finance ➔ Taxes ➔ United States
I am rounding your income to $65,000. You numbers may not be accurate if there were pre-tax deductions for health insurance or retirement accounts.
Your taxable income is $40,700.
Tax: $5,322
Credits: $2,200 (Child Tax Credit plus Energy Credit)
Payments: $5,407
Refund: $2,285
2007-12-25 17:14:01 · answer #1 · answered by ninasgramma 7 · 0⤊ 0⤋
On your income of $64,753, your taxable income is 40,453 and your tax assuming you don't itemize is $5389 minus $2000 for the child tax credit for the two kids, minus $200 for the windows, so $3189. Your withholding is $5407 so your refund will be $2218.
2007-12-26 02:45:22 · answer #2 · answered by Judy 7 · 1⤊ 0⤋