Friday, November 6, 2009

How much money will I get back on my taxes?

I have a YTD income of $42,779.20. My Federal Income Tax Withheld is $5,722.26 and my State Income Tax is $1,489.17.





I live at home with dad and I help him pay for the house.


I have no dependants and I usually claim myself. But this year, I want to claim my 12-year-old brother, is this possible? If so, how much money will I get back if I claim him? And how much if I don't?

How much money will I get back on my taxes?
Go to the Tax Calculator at TurboTax, enter your data and get a good estimate of your taxes.





http://turbotax.intuit.com/tax-software/...
Reply:Are you supporting your 12 year old brother, or is your dad supporting him? If your dad wants to claim him, then you can't.





If you only claim yourself, you'll get back around $800. If you can also claim your brother, you would get back quite a bit more.
Reply:you can only claim that kid if your parents will let you, and I doubt they will.


No comments:

Post a Comment

 

money Copyright 2008 All Rights Reserved Baby Blog Designed by Ipiet | Web Hosting