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.
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.
A tax return is YOUR MONEY - you are just getting it back. You can do anything you like with it.
You can file an income tax return and if you have overpaid tax for the year then yes you will get the overpaid amount back.
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.
You do not have any way of knowing this until you complete your 1040 federal income tax return correctly and completely down to the last lines on your income tax return it say amount of refund.
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.
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.
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.
If there is a tax return.
A tax return is YOUR MONEY - you are just getting it back. You can do anything you like with it.
Yes, you can deduct state tax payments on your federal tax return if you itemize your deductions.
You can file an income tax return and if you have overpaid tax for the year then yes you will get the overpaid amount back.
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.
You do not have any way of knowing this until you complete your 1040 federal income tax return correctly and completely down to the last lines on your income tax return it say amount of refund.
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.
if you filed a 2008 tax return how much would your stimulus check be?
You do not have any way of knowing this until you complete your 1040 federal income tax return correctly and completely down to the last lines on your income tax return it say amount of refund.