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Old 03-22-2007, 04:33 PM
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Salary cut off


What is the name of your state? MA
Can someone tell me what the annual salary cut off is for getting all your taxes back. My son only made $8800 for the year and got all his taxes back, but at what point does that end?
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Old 03-22-2007, 04:37 PM
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Location: South Cackalacky
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Quote:
Originally Posted by PWhite1958 View Post
What is the name of your state? MA
Can someone tell me what the annual salary cut off is for getting all your taxes back. My son only made $8800 for the year and got all his taxes back, but at what point does that end?
Since we don't know what his deductions are, and the answer is dependant upon many other factors besides salary, we cannot answer that question. But, you can start at irs.gov.
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Old 03-22-2007, 04:53 PM
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Quote:
Originally Posted by PWhite1958 View Post
What is the name of your state? MA
Can someone tell me what the annual salary cut off is for getting all your taxes back. My son only made $8800 for the year and got all his taxes back, but at what point does that end?
Actually it depends on the individual return. The number of exemptions, and various credits and deductions that may be available effect whether or not someone gets all of their withholding back.

A family making 45,000 a year with 4 kids might easily get all of their withholding back, and then some.
  #4  
Old 03-22-2007, 05:35 PM
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My apologies for leaving out some pertinent information... he is single with no deductions and nothing to claim... I will check out irs.gov as suggested. Thanks!
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