Welcome Guest. Sign in or Signup

6 Answers

Will I get my Federal Withholding tax back?

Asked by: megan 1400 views YA Discussion

Ok so here’s the deal. I’m 17 years old and I turn 18 in april. I make like $ 500 a month working at a nursing home. I heard from someone that since I make under 10k per year, I will get my Federal Withholding tax back. Is this true? Will I get any money back? Any details would be great. Thanks!

How others found here:

  • will i get all my federal withholding back
  • do i get my federal withholding back
  • do i get all of my federal withholding back

6 Answers



  1. the kid on Aug 19, 2011 Reply

    $ 500 a month is $ 12000 for the year. You will have a tax liability and not get a full refund.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  2. Bostonian In MO on Aug 19, 2011 Reply

    “I heard from someone” usually precedes a false assumption or incorrect information. This is yet another case of the same. Assuming that you are a dependent, you will have some tax liability once your income exceeds $ 5,800 in 2011 and therefore will not get back all of your federal income tax withholdings. The FICA withholdings are never refundable.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  3. Judy on Aug 19, 2011 Reply

    You’ll get most of the income tax withholding back, not the ss and medicare. You’re almost surely a dependent, so your limit is $ 5800, not around $ 10000 – you’ll pay 10% tax on amounts over that.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  4. tro on Aug 19, 2011 Reply

    at your age you are still a dependent of your parent’s or guardian, and your non taxable income for 2011 is $ 5700
    if you earn more than that, the excess will be taxable at least 10%(more if you made considerably more)
    you could have filed your W-4 as exempt if you did not anticipate earning that much and you would not have had income tax withheld which you would have to file a 1040EZ to get refunded

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  5. Ralph T on Aug 19, 2011 Reply

    Under current law,the first $ 10,000.00 of income is income tax free,you still have to pay Social Security and Medicare taxes on your earnings and are non-refundable.
    If you are still living at home with your parents,they may be able to claim you as a dependent and may have to include your income on their tax return.
    The IRS has a bunch of rules on that so you may need to get better info and figure tax returns with your parents claiming you as a dependent and you filing on your own.
    Because Obama and congress are now in a debt ceiling fight,there will probably be some changes in the tax laws that will reduce or eliminate tax refunds (tax hikes really).
    So far,at worst,you will be taxed on about $ 2000.00 of your income.
    Your actual tax will be based on your federal adjusted gross income,so you will have to do the work sheets to figure that first.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  6. acmeraven on Aug 19, 2011 Reply

    Never listen to they or someone. Go to IRS.GOV & download or order a free Pub 17 and find out exactly what you will have refunded to the penny.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes


Your Reply