I made $26,700 within 2007 and I hold no dependents. Federal took out $4,800 and No State Tax.?
I am on H1b visa and living aloneAnswers: 2499refund
after your personal exemption and standard deduction for file single your taxable income is 17950
the tax on your income would consequently be
2301
taxes you paid surrounded by was 48OO-2301 (taxes you would owe) resulting surrounded by an over payment of 2499 your return
I made about 5,000 this year? With 1 Dependent How Much Would I Get Back ?
Answers: not knowing your whole situation
lets say you made 5000 and paid into no taxes
and that your dependent is a qualifying relative
i.e
child
sibling
neice
nephew
and they were in school (if applicable)
and you provided over ½ their support
then in this scenario your refund would be about
1709 (all coming from EIC)
now if you did pay into taxes (box2) add that amount to the above # and thats your refund
Anything from $300 to $600 base. If you are claiming head-of-household, more. Also - With the new law in effect, you should get the $300 check in June for being a parent.
However - There is many factors that are undefined, so this is only an estimate.
New duty rebate checks?
What if I already filed? Is this check higher than the one already on its' way?Answers: yes, the rebate is separate from your income tariff return. It is based one and only on your income from last year and how several children you support.
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This check is in increment to any that you receive from filing your 2007 taxes.
Once adjectives is signed and a done deal, 60 days afterwards rebate checks will get going to go out. Most delivery them within 10 weeks.