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Taxes and Tax Preparation
Income Taxes
Tax Refunds

How do you figure out how much you will get back on your tax return?


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Answered 2007-01-05 04:54:48

Once you have completed your tax return you will know how much of a refund you will receive or if you will owe any tax. The tax return is where you claim all taxable income and subtract all allowable deductions, thereby discovering if you have overpaid or underpaid your federal and state income taxes. The tax refund is the amount returned to a taxpayer for overpayment.

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How much income tax should you get back making 4000 dollars?

How much income tax you get back will all depend on your filing status and deductions. Take your tax information to a tax preparer who can go through your return to help you maximize your return.


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When you are trying to find an online tax return estimator, try to use one from a reputable tax return website. Turbo Tax is an example of one of the most reputable tax return websites out there. Turbo Tax can help you figure out how much money you will receive in a tax refund and how much money you will have to owe. You should be selective in choosing a tax return estimator to use since third party estimators may not be updated with the most recent tax credits or deductions. Websites like Turbo Tax, however, are always updated with the latest information.


If your ex husband owes you a big amount of back child support do you get his tax return?

If there is a tax return.


Can you put your tax return into a IRA?

A tax return is YOUR MONEY - you are just getting it back. You can do anything you like with it.


How much money am I going to get in tax returns this year?

You can find out how much your going to get back in your tax return by filling out your tax forms or bringing them to an accountant to do it for you....the amount owing or overpaid will become evident then.


Can you claim your tax back?

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What's the wait estimated time to get a federal tax return?

It depends on where in the US you have sent your federal tax return, as to how long it will take for you to get it back. But the estimated time for you to get your federal tax return back would be around 8-14 days.


If you filed a 2008 tax return how much would your stimulus check be?

if you filed a 2008 tax return how much would your stimulus check be?


If your child is one how much tax do you ge t back?

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Can a tax chart help you to figure out how much money you owe in taxes?

Yes, a tax chart help you to figure out how much money you owe in taxes. You can find a tax chart online.


How do you get a tax return?

A tax return is the form you submit to the government by April 15th. You can fill one out online through a tax service. A tax REFUND is what you get when you paid too much income tax in the previous year. The government is giving you some of your money back because you paid them more than you owed.


How long it takes to get state tax refund?

It depends on when you file your tax return. The earlier you file it, the quicker you will get it back. If you file your tax return in February, you will most likely get your state refund back within a couple of weeks.


How much do you have to make annually in order to get money back from taxes?

How much you make has little to do with how much you get back. The simple arithmetic is that, if the sum of your tax payments (withholding, etc.) and credits exceeds your tax liability, you will get a refund. Therefore, at any wage level, if you have more taxes held out from your pay than you will need to cover your tax liability, you will get some of your money back when you file an income tax return.


How much of your federal taxes do you get back?

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How far back can I get my tax return?

In Australia 7 Years.


How much can you make without filing a tax return?

I get $12,000 per year social security. How much can i make at a job before i have to file a tax return


What to do if tax preparer forgot to sign tax return?

Let the tax preparer know and then forget about it. This is the sort of thing that you paid your tax preparer to handle for you. If the IRS sends the return back to be signed, take care of it then.


How much money will you get in return in your income tax?

It depends on how much you make.


How much income do you have to earn before you fine a Pennsylvania State income tax return?

$33 of Pennsylvania taxable gross income. Yes, that is an incredibly low figure.


What is the purpose of tax return?

A tax return is the form where you declare you annual income to the government.The tax office, in the UK HM Revenue & Customs, then use the form to work out how much tax you must pay.In most countries failing to respond to a tax return is a criminal offence.


Best PC program that will help estimate tax return?

A great program to estimate your tax return is turbo tax home and business. You can also use a free estimator online such as http://www.efile.com/tax-service/tax-calculator/ to get a rough idea of how much your return will be.


If you made in between 4000 to 5000 how much should you get back on your income taxes?

You will know NOT know the correct amounts until you complete your 1040 federal income tax return correctly. your filing status, your age and how you made this 4000 to 5000 amount and all of your information that is required correctly on each line of your 1040 income tax return will all be a part of the necessary information that you know and will have enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT. If it is qualifying earned income and you are not a dependent on another taxpayers income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly.


How much postage to mail a tax return?

The cost of postage to mail a physical copy of your tax return will depend on a couple criteria. The weight of your tax return in paper and the decision of how fast you want it to get there. The faster the more costly.


What exactly is filing tax returns online?

Filing your tax return online is done through electronic submission to the IRS. This method is much faster than filing a paper return and you can get your return money much faster.


In the state of Florida how much do you get back on taxes for a minor child?

When you do not have any qualifying earned income you do NOT get any income tax return refund.