answersLogoWhite

0


Best Answer

Yes. Yes.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you made less than 5000 will you get a return on taxes?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

Your mom passed away this year and only made less than 5000 does she have to claim this?

My mom passed away in march. I am the exexutor of the will. She only took in less then 5,000. She paid no taxes out of that amount.


Do you have to pay taxes on income less than 600.00?

No, if you made anything less than $600.00 in one year then you do not need to pay taxes on that income. However, you should still file your taxes for that year.


Why would you owe taxes?

As far as federal taxes owed for earning a wage in the United States; anyone who has made over $8000.00 on a tax year has to file a tax return an in most cases will owe taxes to the government.Earning wages will cause you to owe taxes.


How many days does it take to get tax return if there was an error?

only way there can be ab error is if your employer says you made more or even worse you made less. here is an example:you work all year and make 30K and file taxes yourself and prepare an estimated return it gets sent to your employer and the employer rejects your tax return not the IRS.the best part is if you are self employed as long as you pay taxes you can file taxes moreover, if you do not pay a sales tax at the cash register you are not qualified for a tax return and it will kick back in error.in closing if you have error then i suggest you use a pre audit tool such as quicken or turbo tax so that you will know if you are guaranteed and is passes the error check.


If you made in between 4000 to 5000 how much should you get back on your income taxes?

You will know NOT know the correct amounts until you complete your 1040 federal income tax return correctly. your filing status, your age and how you made this 4000 to 5000 amount and all of your information that is required correctly on each line of your 1040 income tax return will all be a part of the necessary information that you know and will have enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT. If it is qualifying earned income and you are not a dependent on another taxpayers income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly.

Related questions

Your mom passed away this year and only made less than 5000 does she have to claim this?

My mom passed away in march. I am the exexutor of the will. She only took in less then 5,000. She paid no taxes out of that amount.


Do you have to pay taxes on income less than 600.00?

No, if you made anything less than $600.00 in one year then you do not need to pay taxes on that income. However, you should still file your taxes for that year.


Why would you owe taxes?

As far as federal taxes owed for earning a wage in the United States; anyone who has made over $8000.00 on a tax year has to file a tax return an in most cases will owe taxes to the government.Earning wages will cause you to owe taxes.


How many days does it take to get tax return if there was an error?

only way there can be ab error is if your employer says you made more or even worse you made less. here is an example:you work all year and make 30K and file taxes yourself and prepare an estimated return it gets sent to your employer and the employer rejects your tax return not the IRS.the best part is if you are self employed as long as you pay taxes you can file taxes moreover, if you do not pay a sales tax at the cash register you are not qualified for a tax return and it will kick back in error.in closing if you have error then i suggest you use a pre audit tool such as quicken or turbo tax so that you will know if you are guaranteed and is passes the error check.


If you made in between 4000 to 5000 how much should you get back on your income taxes?

You will know NOT know the correct amounts until you complete your 1040 federal income tax return correctly. your filing status, your age and how you made this 4000 to 5000 amount and all of your information that is required correctly on each line of your 1040 income tax return will all be a part of the necessary information that you know and will have enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT. If it is qualifying earned income and you are not a dependent on another taxpayers income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly.


Do you need to file a state tax return if you made less that 600.00?

It could be possible that you would not be required to file a state income tax return if you made less than 600. Go to your state web site and find the filing requirements for your state.


What year is the VW R32 made?

in the US 5000 made in 2004 for the mk4 version 5000 made in 2008 for the mk5 version


What did people think of Ben Hall?

that he is a awsome person he robbed so much but he made people pay less in taxes


Can I claim taxes if I only made 1500 and have a child?

Taxes are supposed to be something you pay but in your case the answer is yes. If you have a child that is yours you can receive Earned Income Credit as long as no one has claimed you or your child on their return and if you meet the requirements.


World record for most consecutive layups made?

5000


If I made less than 5000.00 do I have to file for taxes?

Maybe. For federal taxes, see Tables 1, 2, and 3 on pages 2, 3, and 4 of Publication 501: http://www.irs.gov/pub/irs-pdf/p501.pdf For state taxes, refer to the instructions that came with your state tax forms: http://www.taxadmin.org/fta/link/forms.html Of course, if you had any taxes withheld from your wages or from your other payments, you should file a tax return anyway since there is a good chance you will receive a refund.


You are 27yrs old and made 1700 can you file taxes?

Anyone can file a tax return with any amount of income. You may want to do this if you paid in withholding taxes or you qualify for some credit that will benefit you. You are not required to file with this amount of income but you can if you want to.