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| *Loan,banking and credit>>>income tax |
How do you or what do you calculate to figure what you get bck in income taxes? |
How do you or what do you calculate to figure what you get bck in income taxes? Once you have determined your filing status you start by determining your total income and subtract your deductions and exemptions. What remains is the taxable income to which you apply the tax rate. From the tax due you subtract the non refundable credits. Next you determine the withholding and/or estimated tax payments to which you add any refundable credits or special rebates. If you have found that easy to follow you should know what you get back or perhaps owe to the government. If you did not follow all of that or don't know what some of those credits or deductions are perhaps you should consult a tax professional. I have a spreadsheet if you want me to give you an estimate. Email or IM me at TAYLAL23 on yahoo. h@r block website,has an estimate your refund calculator |
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