How Much Tax Money Can I Expect TO Get Back After Making 28,000 Gross?
" I'm just looking for an average estimate) " NO SUCH THING A Refund is based on How Much you pay in versus your Tax Liability for the year. if you Pay more than your Liability, then you get the difference Refunded. Since you made less than the Standard Deduction, you had no Tax Liability: $6000 (AGI) - $6100 (Standard Deduction) = $Zero Taxable Income. If you are a Single person with only a W2: $28000 (AGI) - $3900 (Personal Exemption) - $6100 (Standard Deduction) = $18K Taxable Income. You then look up the tax for your Filing Status (Single/Married). This is your Tax Liability. Next you subtract any payments you made; aka Income Tax Withholding. If the Payments exceed the Liability, you get the difference back.
How much could I expect to make yearly (after taxes) if I open a Carvel Ice Cream store?
Whether it’s worth investing in a franchise can only be answered after the fact. The best way to truly assess whether to buy any franchise is to speak directly with several (at least six, preferably more) franchisees for the company you are considering. I am not a Carvel franchisee, but here is some survey data that you may find helpful. It is from 10 current Carvel franchisees in six different states: About how many hours per week do you dedicate to your franchise business? % answering A) Less than 40= 10% B) 41 – 50=30% C) 51 – 60=10% D) More than 60= 50% E) Passive investment= 0% Is your income more, less or about what you expected prior to opening your business? % answering More= 0% Less= 50% About what was expected = 50% If you could turn back time to the day you signed your franchise agreement, would you make the same decision to buy your franchise? % answering Yes = 70% No = 30% Good luck, and feel free to email me if you have more specific questions.
Did i make too much money to get anything back on my taxes ?
I am 22 years old I live in my own apartment by myself I make 17.56 and hour Last year i earned 34k in gross last year I bring home about $500 a week after taxes My tax statement said i supposed to get back 1500 from paying taxes out of my check
If I make 36000 a year, how much would I get back from taxes?
@ Judy: I understand what a refund is. My taxes are withdrawn before I get my paycheck--and no one I have ever spoken to has ever owed money when taxes are done this way. More often than not (in fact, almost all the time) it seems that the government takes too much out as a general practice--which is why people habitually receive a refund (if you ask for it before 3 years is up). Of course, that's assuming you haven't had any on-the-side jobs (ex: ebay shop) that you must report.
I make $560 a week. How much will that be after taxes?
It depends on a lot of different factors, such as your filing status and where you live, so unfortunately there's no way to give a good estimate without that information. Check out the calculator here: Salary Paycheck Calculator | Payroll Calculator | Paycheck CityI hope that helps!
I make $800 a week. How much will that be after taxes?
This calculator estimates your net pay or "take home pay", which is wages after withholdings and taxes. Salary Paycheck Calculator | ADP
How much money can a tax preparer make during tax season?
I have some experience researching the tax industry and can tell you, anecdotally, that the average person working full time at a franchise location (e.g., HRB) without any specialized credentials beyond the standard training provided probably nets $4–7k per season - basically, you’re looking at $10/hour or so times 40 hours per week in February and early April, with slightly fewer hours in January and March. Maybe you can net a little more if you’re good at pushing those prepaid cards and other add-on services targeted at the EITC crowd.The real money is being earned by those who are in business for themselves, have an established client network, run a home office (i.e., virtually zero overhead, save a few bucks royalty per return paid to the makers of whatever software package you use to e-file), and/or have some specialized credential that allows them to specialize in more advanced returns or represent clients before the IRS, such as the Enrolled Agent designation. If you can command $200 per return, plow through 10 or more simple returns per day, and work through the entire season (roughly late January through April 15), you can do the math and see that it’s possible to live VERY comfortably for the entire year by pushing yourself hard for those 2.5 months - at least in theory!The caveat is that it’s obviously difficult for a young person to find that many clients right away. Even seasoned preparers rarely have enough clients to fill every waking moment. A lot of the most successful sole practitioners have large referral bases from their past careers or being active in the community. Personally, I find it surprising that we don’t see more price-based competition in the industry; this is one field where customers tend to find someone they like and build a lifelong relationship, no matter the cost…
How much does an orthopedic surgeon make AFTER taxes?
The following is extracted from MySalary.com salary wizward web site: "The median expected salary for a typical Surgeon - Orthopedic in the United States is $401,723. This basic market pricing report was prepared using our Certified Compensation Professionals' analysis of survey data collected from thousands of HR departments at employers of all sizes, industries and geographies." $410,723 may not seem like much to some folks but seems like a pretty good salary to me. As far as taxes go, Dr's pay the same rate of federal and state tax as anyone else with the same income. For 2008, the average Dr. (above) will be in the 35% federal tax bracket, plus whatever the state is able to charge.