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I think what you're asking is "How much will my refund be if I claim one child?" If this is the case, then really there are too many factors involved to give you a straight answer. Tax rates vary depending on how much money you make and also the number and amount of deductible expenses you claim. The amount of tax deducted from your paychecks represents what you paid for the year, and depends also on the number of deductions listed on your W-4 (on file with your employer). All of these factors can and will change the amount of potential tax you owe, or the amount of refund you can expect to get back at the end of the year. Even if you claim a child (or other dependent), it doesn't necessarily mean you'll get a refund. Remember, a tax return is really just a reconciliation between what you paid, and what you should have paid. If you owe more, then you underpaid during the year; if you get a refund, then you overpaid during the year.
Simplified, the tax you owe is calculated based on how much income you made minus certain expenses, or deductions. Basically the benefit to claiming children (or other dependents) is that the deduction reduces the total amount of taxable income so you owe less tax. However, if you already allowed for the child in the number of deductions on your W-4, then you may have already paid close to the correct amount. When you file your tax return, you may still owe a little, break even, or get a small refund.
There are many qualified tax filers that will assist you in filing individual returns for a small fee. If you have any questions or concerns about your personal situation, then seek advice early. The tax deadline for filing in 2010 is Thursday, April 15.
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What syndrome is inherited when an egg carrying two chromosomes X is fertilized by a sperm carrying one Y chromosome?
This combination XXY produces a male child with Klinefelter's Syndrome.
What syndrome is inherited when an egg carrying two x chromosomes is fertilized by a sperm carrying one y chromosome?
This combination XXY produces a male child with Klinefelter's Syndrome.
If you have one child and ex has one child do you still have to pay support or can you call it even?
You have to pay support until you return to court and have the child support order amended to reflect the current circumstances.
What happens to child support when a child doesn't go to school regularly?
Probably custody is the proper discussion, not child support. Child support is for living expenses, not in return for certain behaviors you expect. Certainly, as a parent, you still need to insist that the child attend school, even if it means that you are the one fetching and carrying the child to school. You definitely should be on the school's list as a contact for absences, progress reports and so on. There is no question that getting your child through high school or a GED at the proper age is important for their growth as young adults.
If your child is one how much tax do you ge t back?
You do not have any way of knowing this until you complete your 1040 federal income tax return correctly and completely down to the last lines on your income tax return it say amount of refund.
I'm on welfare in Alberta and have a baby. When are you expected to return to work?
When your child is one year old.
How many children was Anne Hathaway pregnant to on her wedding day?
Anne was carrying only one child when she married William Shakespeare.
Does your child get retarded if you jackoff to much?
No, not unless you are rubbing one out for your child.
If one child is in a hospital in another state and another child is in their state of residence and the mother refuses to return to take care of the other child what can be done?
If they have been left in the care of a person who is no longer able to care for them, call the child abuse and neglect hotline in that state. To really answer this question better, I would have to know the age of the child that the parent wont return to care for.
How much is a welfare check per child in NC?
236 for one child
How much do big trucks on the highway weigh?
Each one is different. It depends on what they're carrying.
What is Religious Chauvinism?
when one starts carrying too much pride in one's language and culture, it is called religious chauvinism. carrying too much pride in one's language is not good. one should be proud of there language, religion and cultre but not too much tha it starts ruining other nation's language. language and other things are good
