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With income that low...you should clearly get it all back...and with other benefits available to low earners, maybe even more.

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Q: How much income tax should you get back if you made 3000 this year?
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Do you have to file a federal income tax return if you only made less than 3000?

Usually no. If you're Single under 65 and your gross income is under $8,950 for 2008 (under $9,350 for 2009), then you aren't required to file. However, even if you're not required to file, you should file if income tax was withheld from your paychecks in order to receive a refund of that tax. You also should file if you're eligible for certain tax credits such as earned income.


Should I report income from renting a room in my home to IRS What if I have homestead exemption?

If you made money on the rent you will need to claim it as income.


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.


Why should cost be matched with revenues at the end of an accounting period?

You compare income with expenses to see how much profit you have made.


Do you have to pay taxes on income less than 600.00?

No, if you made anything less than $600.00 in one year then you do not need to pay taxes on that income. However, you should still file your taxes for that year.

Related questions

Do you need to file tax returns for interest income?

Intrest made on income is income, and as such, should be reported on your 1040.


What is the basic method business uses to determine profit?

Income - Expenses = Profit if you take in 5000 and spent 3000 to do it you have made 2000 in profit


Do you have to file a federal income tax return if you only made less than 3000?

Usually no. If you're Single under 65 and your gross income is under $8,950 for 2008 (under $9,350 for 2009), then you aren't required to file. However, even if you're not required to file, you should file if income tax was withheld from your paychecks in order to receive a refund of that tax. You also should file if you're eligible for certain tax credits such as earned income.


Who invented Tin on the periodic table?

it is unknown and is said that it was made back in the bronze age which was 3000 B.C


When was the mosaic made?

If you are asking when mosaic art was developed, the oldest mosaics date back to 3000 to 4000 BC.


If i made 3000 in 2007 can i file?

yes you can yes i made amounts like that in previous years and always filed. I got ushally about 300 back.


Should I report income from renting a room in my home to IRS What if I have homestead exemption?

If you made money on the rent you will need to claim it as income.


Why Medicaid should NOT be classified as only being made available for low-income people?

By law, Medicaid is limited to low-income people.


You made 900 selling furs from your trapping this year while you have to claim that income?

Any income made in a calendar year should be reported as income when doing taxes. This can be determined by an accountant or tax preparer as to how to proceed with reporting and the dollar amount.


What is the first candy made?

Answermost likely dried honey or chocolate made by the Egyptians


When was the cartoon class of 3000 made?

The "Class of 3000" debuted November 3, 2006 .


When was the Dell dimension 3000 produced?

The Dell Dimension 3000 made its debut in 2004.