2010 tax returns... who is getting one?
Posted 01 February 2010 - 03:24 AM
So, this brings me to the main topic. How big of a return can I expect? I'm a poor college student, I make roughly $11,500-$12,500 stocking groceries. Every year, I usually would get back in the $350 range from federal taxes, and usually $70 from state. Now, as far as I know, state should be relatively unaffected, but am I to expect much of anything from federal? I know that Obama has eliminated most Bush tax cuts, and has programs of his own.
My friend works a retail job while going to school, and she makes roughly $10,000 a year herself. She just did her taxes, and she ended up owing the IRS $10 for her federal taxes.
So basically, I'm getting the idea that the flat screen T.V. I wanted isn't coming as quickly as I thought grrr....