If my income and tax deducted is the same this year as last year, will me refund be the same?
-
I made rougly 17,700 last year and had 872 in fed tax deduced, and 699 in CPP deducted. I got rougly 500 dollars back. This year my income is around 18,050 and tax deducted was 900, with 725 in CPP deducted. Will my tax refund be rougly the same?
-
Answer:
Yes, your refund will be roughly the same.
Stephen at Yahoo! Answers Visit the source
Other answers
You seemed to have made $350. more than last year. Your tax deducted seems to be at par, & yoiur CPP contributions increased by about $25.00 You may get close to the same refund, but something else must be taken into consideration. It's the personal exemptions. If they have increased, I'd say you have a good chance at getting about the same refund or a little more. Don't go expecting a big fat cheque or anything like that.
wings
It should be close. :)
tercir2006
well, you DIDN'T make the same amount and you DIDN'T have the same withholding taxes and CPP so how could your refund be the same? sure - roughly within $500
Zarg222
Related Q & A:
- What race and economic group had the most abortions in the u.s last year?Best solution by Yahoo! Answers
- What was the date of Easter last year?Best solution by Yahoo! Answers
- Where can I get a copy of my last year's tax form?Best solution by Yahoo! Answers
- How many trees were planted worldwide last year? How many trees are planted annually?Best solution by answers.com
- Was last year's AP World History test hard?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.