Do you really think that's all there is to it? Much more goes into the determination.
See, that's why there are all those companies and software sellers with programs, etc, etc that do this for people, and entire professions with lots of busy people, many advertising to get your business, all those silly tax forms to be completed and laws about what is what...and so many people get in trouble for doing it wrong or fraudulently thinking there are short cuts or they can out smart it...and even more that think it is simply to hard to understand.
Virtually no 2 people with even the same job and income pay the same tax.
And the amount you get back depends on how much you paid in, how many dependents and other deductions, and more.
With income that low...you should clearly get it all back...and with other benefits available to low earners, maybe even more.
It depends on how much you made for the year. It's between 600-1000 for each qualifying dependent.
How much can you get back For a 1year old
When you do not have any qualifying earned income you do NOT get any income tax return refund.
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.
With income that low...you should clearly get it all back...and with other benefits available to low earners, maybe even more.
if i make 62000 net income how much in oas do i have to pay back
It depends on how much you made for the year. It's between 600-1000 for each qualifying dependent.
How much can you get back For a 1year old
A monthly income like that was HUGE back in the 20s. Especially because of prohibition. 1000 dollars was almost as much as the annual income.
US$350,600
When you do not have any qualifying earned income you do NOT get any income tax return refund.
It costs alot.
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.
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.
per capita income is the income of every working individual of a country per capita income is the income of every working individual of a country
This can be various amounts but it is the same amount each week each month during the year such as social security benefits or a pension income or supplement security income, etc.