i have made 34,300 dollars this year and the government took 8,952 dollars way. how much should i get back?
2007-12-27 11:49:53 · 3 answers · asked by <3 luke is here!! <3 6 in Business & Finance ➔ Taxes ➔ United States
city taxes Withholding 718.96
Federal Income Tax W/H 4,586.49
Employee Medicare Tax 496.41
Ohio State Income Tax 1,028.45
Social Security Tax - EE 2,122.58
i am 20. single no dependents. i have paid 1830 out of pocket for school.
2007-12-27 13:34:17 · update #1
i am too young to have a 401k. i can get one when i turn 21.
2007-12-27 13:35:05 · update #2
The best answer to your question can be found at www.hrblock.com. Click on calculator, and you will be able to input all of your data. It will even let you know if you owe. Hope that helps!
2007-12-27 15:20:26 · answer #1 · answered by momtojunebaby 4 · 0⤊ 1⤋
No way to say. Would need a lot more information.
That is WAY high for income tax withholding. In fact, it's way high for income tax, Social Security and Medicare so it must include state taxes as well.
We'd need to know your filing status, number of dependents if any, if you can be claimed as a dependent yourself (with that income, probalby not, but need to know for sure), your age, any itemized deductions, and retirement contributions as well as a complete breakdown of how the taxes were actually withheld. Put that up and you may get a meaningful number. Without it, I won't even take a guess as it could be terribly wrong.
2007-12-27 12:13:09 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
a $1000.00 or more depends on how you file
2007-12-27 11:58:28 · answer #3 · answered by wild1highinvamountains 3 · 0⤊ 0⤋