2000 in fed. was withheld this year? Head of Household
2007-12-27 07:32:35 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
29000 - 7850 -6800 = 14350 of taxable income.
About $1600 in tax.
So about $400 refund plus a teeny tiny bit of EIC.
2007-12-27 07:46:28 · answer #1 · answered by Anonymous · 2⤊ 0⤋
Around $300 refund from your withholding plus about $673 EIC, so just under $1000.
2007-12-27 10:14:15 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
What the one on top of me said:
29000 - 7850 -6800 = 14350 of taxable income.
About $1600 in tax.
So about $400 refund plus a teeny tiny bit of EIC.
EIC will be about $3150, once he goes to college you can apply for Hope credit which will be about $500 dlls more.
So, as long as your income doesn't go above 35K (to quialify for EIC) you should be getting about $3600 back
2007-12-27 08:42:28 · answer #3 · answered by TheFreeThinkr 3 · 0⤊ 3⤋