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 17 year old girl, claimed as a dependent on parent's taxes, but made $3000. Do I get the tax rebate?
My parents claimed me on their taxes as a dependent. But I worked all last year, and made over $3000, so do I qualify for the rebate? I initially thought i did, but now I have read an article that ...


 Stimulus/Rebate Checks - those that are suppose to be sent by July 4th - has anyone received theirs yet?
Going by the Stimulus Payment schedule at irs.gov, my rebate check should be sent out no later than July 4th - but by it stating "no later than", I am wondering if I can expect it sooner ...


 When is it to late to file my taxes?
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 My ssn is incorrect on w2 ,just got it, how to correct it ,can i correct by myself?
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 Why Am I paying tax?
I am 18 and a full-time student and work weekend I am just wondering whether i have to pay tax? If not what can i do so that i will not be taxed from my wages? I earn around £3370.80 a year. So will ...


 What to do if person that watched child wont give ss# bc they dont file taxes. How can i claim what i paid?
This eldery lady from church watched my child so i could finish high school but my mother in law told me that she doesn't do her taxes or something bc they dnt pay for housing or something like ...


 Tax rebate?....is it UNFAIR for single parent to get less compare for married couple..if the governmenr really
want to help the economy.....isn't they should priority those please who needs MORE help?....am i wrong to think this way?
Additional Details
i mean government not governmenr......


 Do you have to make i certain amount of money to file taxes?
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 Tax rebate?
Im in the UK. Ifiled my tax return on the 7/7. How long does it take to get a rebate if i am going to get one?...


 If you draw ss do you have to file taxes?
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 How much taxes will I have to pay on a $40,000 inheritance?

Additional Details
Michigan

Relative- ...


 Just filed my taxes, anyone else wait until the last minute like me?
phew, thought i would never get them done!...


 Can these be claimed on our taxes?
In 2008 we had a large dental bill we paid out of pocket and also have many medical bills as we are seeing a fertility specialist. We live in Illinois. Are these things we can claim? The ...


 If i file for independent at 17 years old is that a good idea?
Me and my mama are having problems and i want to move out should i file independent and just live with my aunt i want to know if this is a good or bad idea??...


 I owe 185000 on my house and if i sell it for 550000 how much would i have to pay in taxes?
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 For 2008 I did win over $25000 from jackpots..did not pay upfront taxes..Can I claim all of it as a loss.?
Can I save myself from paying taxes on my winings..I did loose as well
from $25000..?...


 Calculate percentage of a number?
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 A family member filed a tax return in my name without telling me about it and kept the money what do I do ?
I found out through a friend of mine that a family member that I do not live with got a $1.500 tax return deposited into their bank account in my name but the odd thing is I didn't even work ...


 Can I claim my sister on my taxes?
My younger sister is 10 years old. She lives with my dad in the next town over from me. We have different mothers. Her mother lives 2 hours away, and Hanna (my sister) hasn't spent more than a ...


 I work in one state and live in another state and pay state tax in both states is there someway around this?
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antoinae101
If i have one dependant about how much can i get back if i make $20,000?
                     
 




Sullita
Rating
between the range of $1000 to $2000 per dependent, and also depends on who does your taxes as well.


littlebettycrocker
This depends on if you itemize or get any other credits. Go to:
http://www.irs.gov/individuals/index.html.

You will be able to find out more information here.


misslabeled
It depends on many, many things, chiefly what you've put in.


JQT
Your tax liability depends on your filing status.

Assuming that you have no other income.

If you are filing head of household with 1 dependent, your maximum federal income tax liability is $633.

If you are filing single with 1 dependent, your maximum federal income tax liability is $929.

The reason, I'm saying maximum is because depending on the age of the dependent and the relation you might also qualify for dependent care credit, child tax credit, education credit which will further reduce your tax obligation.

Your question on how much you can get back will be the amount of your federal tax withholding exceeding the tax liability as stated above.


twinky
Rating
nothing


Kenshin
There are in general 9 elements in a federal income tax return.

1.Filing Status
2.AGI (income)
3.Minus Deduction
4.Minus Exemption
5.Equal to Taxable Income
6.TAX is base on taxable income
7.Minus Credit
8.Minus Payment
9.Equal Tax due/ Refund

year is 2005
1. Head of household
2. AGI is ...........................$20000.00
3. less Deduction is .........$7,300.00
4. less Exemption (2) is ...$6,400.00
5. equal Taxable Income is $6,300.00
6. Tax base on Taxable Income is ....$628.00
7. Credit..................................... unknown
8. Payment

a. w2......................................... unknown
b. EIC (earn income credit)................ $1,750.00

9. refund ...........................................

My best guess is that your 2006 refund is about $1,200.00 If you have child care credit or withholding on your W-2, it will effect your result positively.

Please go to the IRS website in helping yourself get on the EIC correctly at http://apps.irs.gov/app/eitc2005/Forward_Eligibility.do;jsessionid=D6nS2GGfT773PF39G9tGWDHNm4b155R1pmbdywWnQFnPcpYLKgnG!192159823!750639981


LORD Z
That all depends on what you filed on your w 4 as exemptions as to how much you paid in versus how much you owe to tell you how much you get back.


heather47374
That all depends on who does your taxes.


Dave
You need to go to a Tax Accountant to file your tax return for you. I am an Accounting student, and know that the standard exemption for each dependent is $3,300, but you may have others as well. In addition, this figure changes annually. If you don't want to pay for a Tax Accountant, you can simply read the instructions on your appropriate tax forms (read the instructions for Form 1040, and it can detail what additional forms you may need to use, if any). This can take time, but in general is relatively simple reading, once you get the hang of how the IRS likes to word things. Just go to the IRS website (irs.gov) and look up Form 1040 and download it (if you don't have a hard copy in front of you), and go from there. Good luck.


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