Tax return? how much should i expect back this year?
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If I made $12,375 and about $2000 was taken out for taxes how much should I expect on my tax refund this year? Ill be claiming my daughter this year. I'm a single parent and have full custody of my daughter. I don't own any houses or cars.
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Answer:
The $2000 taken out include ss/mc withholding ($950), neither of which is refundable.
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Other answers
If the 2000 is all federal taxes withheld you will be looking at about 3500 bucks. Otherwise about 1500 in credits plus whatever federal you paid.
Wayne C
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