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jrous19 
LSU Fan
baton rouge
Member since Dec 2009
2504 posts
| predict my tax return (Posted on 12/23/12 at 11:23 pm)
24 single full time student- pell grant for tuition 500 dollars for books about 400 in parking (ULL paid parking lot) made around 13,000 this year
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LSU5508
LSU Fan
New Orleans
Member since Nov 2007
308 posts
| re: predict my tax return (Posted on 12/23/12 at 11:30 pm to jrous19)
Would guess you would do best with the standard deduction but hard to gauge your return without knowing how much tax has been withheld year to date
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jrous19
LSU Fan
baton rouge
Member since Dec 2009
2504 posts
| re: predict my tax return (Posted on 12/23/12 at 11:33 pm to LSU5508)
around 2500-3000 dollars, looking it up now
15,965 and taxed is 2800 with 600 dollars in deduction
net pay is 12,582, where the 1200 number came from at first
This post was edited on 12/23 at 11:39 pm
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LSU5508
LSU Fan
New Orleans
Member since Nov 2007
308 posts
| re: predict my tax return (Posted on 12/23/12 at 11:39 pm to jrous19)
What was the deduction for? 401k?
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jrous19
LSU Fan
baton rouge
Member since Dec 2009
2504 posts
| re: predict my tax return (Posted on 12/23/12 at 11:40 pm to LSU5508)
159.67 for 401K 435 for medical insurance
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LSU5508
LSU Fan
New Orleans
Member since Nov 2007
308 posts
| re: predict my tax return (Posted on 12/23/12 at 11:45 pm to jrous19)
I figure your agi would be 15,370, tax on that would be 562.00. If you paid 2800 in federal tax your return should be 2238.
This post was edited on 12/23 at 11:48 pm
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jrous19
LSU Fan
baton rouge
Member since Dec 2009
2504 posts
| re: predict my tax return (Posted on 12/23/12 at 11:48 pm to LSU5508)
greatly appreciate your help and time
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LSU5508
LSU Fan
New Orleans
Member since Nov 2007
308 posts
| re: predict my tax return (Posted on 12/23/12 at 11:49 pm to jrous19)
No problem.
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foshizzle
LSU Fan
Member since Mar 2008
25143 posts
| re: predict my tax return (Posted on 12/24/12 at 5:24 am to jrous19)
From the details you posted, your tax bill is this much:
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lynxcat 
Rutgers Fan
Member since Jan 2008
13195 posts
| re: predict my tax return (Posted on 12/24/12 at 11:10 am to foshizzle)
After standard deduction and personal exemption, you will have almost nothing in taxes owed.
Standard is around $5800 and personal is $3700...subtract that from your gross income and you dont have much left.
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Cold Pizza 
Ohio State Fan
Member since Sep 2011
7639 posts
| re: predict my tax return (Posted on 12/25/12 at 12:49 am to jrous19)
I don't know but you look to be a member of the 47%.
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DontTazeMeBro 
Tennessee Fan
Gatlinburg, TN
Member since Oct 2011
83 posts
| re: predict my tax return (Posted on 12/25/12 at 7:27 am to Cold Pizza)
+1 
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Gmorgan4982
LSU Fan
Hattiesburg, Miss.
Member since May 2005
89935 posts
| re: predict my tax return (Posted on 12/25/12 at 10:20 pm to lynxcat)
quote:
Standard is around $5800 and personal is $3700
$5950 and $3800.
Plus, you should be able to get a $500 Amer. Opportunity credit for the books, if you go at least half-time for at least half of the year.
This post was edited on 12/25 at 10:27 pm
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lynxcat
Rutgers Fan
Member since Jan 2008
13195 posts
| re: predict my tax return (Posted on 12/27/12 at 8:14 pm to Gmorgan4982)
Didn't realize that the standard had increased that much. Are you sure that is for 2012 and not 2013?
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mcgriff
LSU Fan
Member since Jun 2012
215 posts
 Online
| re: predict my tax return (Posted on 12/27/12 at 11:31 pm to lynxcat)
I believe that's correct for 2012. Was looking at the standard ded. for MFJ and it's $11,900 for 2012. We'll be itemizing though
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