How much can you get back For a 1year old
gnnftttrtnt
Much less making less money. About 50% of the people in the United States pay no income tax at all, and a large percentage of them actually get money back in the form of a earned income credit.
My son is 19 and I want to claim him as a dependant. He wants to do his own taxes. How much would I get back if my income was $20,000 yr
gross household income is how much money everyone in your "household" brings home after 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.
The amount of money you get back in taxes for buying a house depends on factors like your income, the cost of the house, and tax laws. You may be able to deduct mortgage interest and property taxes, which can reduce your taxable income and potentially increase your tax refund.
gnnftttrtnt
Taxes will depend on where you live and your income.
Much less making less money. About 50% of the people in the United States pay no income tax at all, and a large percentage of them actually get money back in the form of a earned income credit.
My son is 19 and I want to claim him as a dependant. He wants to do his own taxes. How much would I get back if my income was $20,000 yr
gross household income is how much money everyone in your "household" brings home after taxes.
You won't get money back in taxes, you will get to subtract your medical expenses from your taxes. This will lower the amount of taxes you pay.
Income tax refund is the money you get back when you’ve overpaid your taxes through TDS, TCS, or advance tax. Think of it as a refund for paying too much.
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 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.
Your employer would be able to give you the percentage amount that would be withheld from your pay for the total of all taxes on the 1000 amount. Social security, medicare, federal income taxes, state income taxes, local income taxes, etc.
How do u got the money back from the gas co.?