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Did i mess up my tax refund?
I just did my tax return, I made 13000 dollars this year. Pay somewhere around 900 federal dollars. I am a dependent under my parents. I got like 90 dollars back, is this right?
6 Answers
- JudyLv 71 decade agoFavorite Answer
Sounds close. Your tax if you made exactly $13K would be $755. Your refund is your overpayment - what you paid in for federal income tax, minus your tax.
- 1 decade ago
If your parents claimed you, you are only able to use your standard deduction of $5450. That means that all the income over this is taxed.
The figures seem about right.
Christine EA Master Tax Adviser
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This advice was prepared based on our understanding of the tax law in effect at the time it was written as sit applies to the facts that you have provided. http://www.hrblock.com/taxes/tax_tips/index.html
- Bostonian In MOLv 71 decade ago
It may be, especially if you claimed 1 withholding allowance on the Form W-4 at your job.
- Anonymous1 decade ago
sounds correct. read it wrong first time around. have fun with the 90
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- Anonymous1 decade ago
Call the IRS and ask.
