2007-12-26 09:27:35 · 4 answers · asked by monique 2 in Business & Finance ➔ Taxes ➔ United States
You should get it all back. Be sure to file for earned income credit. This is a link to the irs website re: this credit
http://www.irs.gov/individuals/article/0,,id=96466,00.
2007-12-26 09:30:34 · answer #1 · answered by jwishz 7 · 1⤊ 0⤋
Assuming that the $5000 is from a job, not from self-employment, you should get the whole $300 refunded to you. You should also get an earned income credit of around $1709 if your dependent is your qualifying child, otherwise $384.
2007-12-26 17:35:16 · answer #2 · answered by Judy 7 · 1⤊ 0⤋
Depending on what your dependent is you may or may not be eligible for EIC and CTC. In any case if your income is from W-2 wages and you only made 5,000 then you will get your 300 withheld back plus $ 381 if you are single and between ages 25 and 65.
2007-12-26 18:56:03 · answer #3 · answered by acmeraven 7 · 0⤊ 0⤋
You do not list enough information for anyone to give an answer. Check out the following link for guidelines, or call your local IRS representative for assistance (better now than to wait until March when everyone else will be trying to do so!).
2007-12-26 18:12:00 · answer #4 · answered by skaizun 6 · 0⤊ 0⤋