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If you make under 25000.00 a year and are head of household with two dependents do you get money back from income tax?
Wiki User
∙ 13y ago
This could be possible if this is earned income but you will know the numbers until you have completed your 1040 federal income tax return correctly.
Wiki User
∙ 13y ago
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What is gross household income?
gross household income is how much money everyone in your "household" brings home after taxes.
What are exemptions?
They are amounts of money that taxpayers can claim for themselves, spouses, and any eligible dependents that will reduce their taxable income.
How much money does Russell westbrook earn?
2500000
What are exemption's?
they are amount of money that taxpayers claim for themselves, spouses, and any eligible dependents that will reduce their taxable income. this is for a+ robert was here:p
What is a free income tax estimator?
Free income tax estimator is a calculator that you put basic information into. Yearly income, federal tax withheld, number of dependents. Then it will give you an estimate of your refund or if you owe money.
How much money did they make in fast five?
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What do you called the money receive by the household from the business?
The money received in a household from a company is called income. Many households today have two incomes coming in, so that they can meet their financial obligations.
Do you have to pay taxes if you are low income?
The answer depends on how much money you earned, your source of income, and your number of dependents, if any. You may be eligible for a tax credit under certain circumstances. Your best bet is to call the IRS and ask.
Do you pay taxes on money collected from a household insurance claim?
No, Hazard Loss compensation is not considered taxable income.
How much should you withold on your w4?
if you claim zero on your w4, they will take the most taxes out of you. If you have dependents and you add them on when you do your income taxes, you will get that money back. even if it is just you, you should claim zero instead of one, then at income tax time you will not have to pay in, you should get back what you overpaid instead. The more dependents you put on your w4, the less taxes they will take out of your check, but at income tax time, if they did not take out enough you will have to pay in. And like me, if you like a big, big check all at once you want to claim zero, its like a way of saving money, and you get the money back at income tax time to do something big with.
How much money do you get back on income tax for a 2 month old?
They can be claimed as a dependent as long as they were born prior to January1st. Extra dependents will reduce your tax liabilities but it varies from person to person based upon income and other factors.
How much money will you get when you carry your baby in Texas?
Depends on how many dependents and your income bracket. Irs allow three kids now and my friend files for two children and get $5000-6500
