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can someone give me a rough estimate of a tax refund?

Posted on 1/22/13 at 5:42 pm
Posted by Batdawg
Member since Dec 2012
360 posts
Posted on 1/22/13 at 5:42 pm
40k in earnings
10k paid in taxes
Filed 0
Single
Posted by drewnbrla
The Pool is closed.
Member since Mar 2011
7839 posts
Posted on 1/22/13 at 6:00 pm to
quote:

40k in earnings 10k paid in taxes Filed 0 Single



Rough rough (and I mean rough) estimate:
income $40,000
Standard deduction: $5,950
Taxable: $34,050
Taxes due: $4,669
Paid: $10,000
Refund: $5,331

ETA: assuming no capital gains taxes to be paid, credits or additional taxable income deductions of any kind
This post was edited on 1/22/13 at 6:03 pm
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69933 posts
Posted on 1/22/13 at 6:02 pm to
we can, but not twice. You double postin sumbitch
Posted by iwasthere
New Orleans
Member since Jul 2010
1882 posts
Posted on 1/22/13 at 6:38 pm to
Just go to the IRS site and get the 1040 EZ form if all your tax info consists of what you said. \

40,000-9,750=30,250 Taxable Income
10,000-4,109=5,891
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35607 posts
Posted on 1/22/13 at 9:17 pm to
I'm pretty sure you can go into TurboTax yourself now. Your return is very simple to do.
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