Im married, we made 52,300 last year we claimed five children, how much should we expect?
Answers: Go to the H&R Block Tax calculator, enter your data and get a good estimate of your taxes and refund:
http://www.hrblock.com/taxes/tax_calcula...
Tax 1899, or zero if at least two of the kids are under 17 so you get the child tax credit for them. If more than two of them are under 17 you'd get something from the additional child tax credit.
Since you don't give their ages or what if anything you had withheld, can't really give more numbers.
You haven't supplied enough information for anyone to give you a solid answer. The standard deduction for MFJ is $10,700 but if you itemize that could reduce your taxable income even more. The other deduction is $3400 per person so you are looking at another $23,800. That would give you $17,800 of taxable income. How much was withheld by employers?
I suggest you go to IRS.gov and start your taxes on line by plugging in all the information you have and answering all the questions. That will give you a much better idea than anything anyone on this forum can do for you.
It's not really hard. Good Luck!
What can i do beside my staples duty exempt card?
do i need to show my picture self as well? gratefulness for your help guys.Answers: Staples in general does not monitor the way you use your card. It is up to you to receive sure that you are using it in a legitimate way (for example... if you're buying something that is to say tax exempt for resale purposes, you shouldnt be using it for yourself).
Picture ID depends on the individual policies of respectively Staples store. Hopefully they'll pay attention to who you are if it is associated to a person. If it is allied to a business, anyone from the business could be using it, so they wont ask for an ID.
With no intended offense, this does sound suspicious. If you found someone's card, be sure to return it to your Staples store. If it is not yours, it is both prohibited and immoral to use it, and may result within legal act against the original card owner.
But I assume that's not what's going on :)
Should I use TurboTax Freedom Edition?
I'm a college student filing as a single, no dependents. Which edition of due software will get me the biggest discount?The few deductions I would hold (have had contained by the past) are based on anyone a student (books, rent supplies, etc.). I am asking if using a free program would help me find more deduction?
I'm tempted to use TurboTax Freedom Edition (for which I qualify for free federal and state efile), but am of a mind to invest in store-bought software if my conclusion will be increased. Any hints/suggestions? Thanks.
Answers: Ok, lets manufacture this simple for you to understand since this is the second time you hold asked this question.
You can buy a $5000 software or use the FREE software. No event which software you use your tax reimbursement or amount owed will BE THE SAME.
You are claiming your tuition expenses from form 1098?
Based on the information you gave above you are taking the credit/deductions that you can embezzle.
Unless you own a business or own a house you don't get any other deduction.
Please don't take this rudely I of late hope you can understand that you probably just get duplicate tuition deductions as you did ending year. Unless you have changed your situation.
You can use Intuits Tax Freedom Project to fuel your taxes for free !
Click the association and answers a few simple questions and you'll be on your track !
http://turbotax.intuit.com/taxfreedom/