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    beast2378's Avatar
    beast2378 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 3, 2007, 01:15 PM
    Tax return
    How much will I get back if I paid about 1200 in taxes
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Dec 3, 2007, 01:29 PM
    What do you mean you paid 1200? Was this what was withheld from your pay? What you actually owe in taxes is based on your total income for the year. This is calculated when you fill out your tax return. What was withheld during the year is then matched against what you owe. If you were over withheld you get money back, otherwise you have to pay.

    No way for us to know what that will be without a lot more info.
    shygrneyzs's Avatar
    shygrneyzs Posts: 5,017, Reputation: 936
    Uber Member
    		  
    #3

    Dec 3, 2007, 02:18 PM
    What you get back - do you claim yourself and anyone else? Do you itemize deductions? Do you have investments and/or property? Eligible for tax credits?

    How can anyone answer your question when we do not know your income for the year and your status and and...
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Dec 3, 2007, 06:38 PM
    Agreed! You have provided nowhere near enough information to answer your question.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #5

    Dec 3, 2007, 10:50 PM
    It depends upon your filing status (Single or Married), number of dependents, your income, your spouse's income, and your State. Do you have qualified child for Child Tax Credit?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #6

    Dec 4, 2007, 09:29 AM
    It also depends on your age (people under 25 who are single do NOT qualify for the Earned Income Credit), whether some else (normally your parents) can claim you as a dependent, and a variety for other factors.

    Give us MORE INFORMATION if you want a definite answer!
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