Can someone help with why someone that made around 33,000 with federal income tax withheld of 2,150 would only get $3 back?

Forum|Forum|2 years ago
January 13, 2024
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Best answer by Mike9241

for a single person under 65, the standard deduction is $13,850 leaving you with a taxable income of about $19,150. the tax tables say the tax on that is $2081 so $2047 would be reasonable. thus $2150 less $2147 is your $3 refund.

xmasbaby0

Employee

We do not have enough information. We do not know your filing status or whether you have any dependents claimed on your return. We do not know how much "around" $33,000 really was----or if the $2150 was all in box 2 of your W-2. We do not know if you had any other income like some self-employment income from a side gig, etc. etc. etc.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

xmasbaby0

Employee

And.....even with the rounded amount of $33,000, and the assumption that you are filing Single with no dependents, and the assumption that your box 2 has $2150 in it----your refund would only be about $70. We do not know what the variables are since we cannot see your tax return or any of your information.