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3 answers

Federal income tax around $4600 minus the $2000 for child tax credits if both kids are under 17.

If you had $10K withheld for federal income tax that would give you a refund around $7400. The assumes that both your and your wife's income was from jobs where social security and medicare were taken out, and that both kids are under age 17.

2007-12-27 09:52:00 · answer #1 · answered by Judy 7 · 0 0

Go to irs.gov and use their tax calculator-- it's free and will let you factor in other deductions and exemptions like contributions to your 401(k), charities, etc, and mortgage interst.

2007-12-27 08:21:01 · answer #2 · answered by dcgirl 7 · 0 0

Sure. Use this calculator to find out.

http://www.hrblock.com/taxes/tax_calculators/index.html?calcIndx=1#top

2007-12-27 08:21:02 · answer #3 · answered by spicertax 5 · 0 0

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