Monday, May 11, 2009

I work at cvs when do i get tax returns and how much do i get?

It would depend on your dependents and how much money you make for your return and you will get your w2 between January 1st and January 31st by law you can file as soon as you get that.

I work at cvs when do i get tax returns and how much do i get?
A tax return is the form you file early in the year for the previous year's income. I assume you are talking about a tax REFUND.





Throughout the year, money is withheld from your paychecks for federal income tax. When you file your tax return, you calculate how much your total tax is for the year depending on your income and personal situation. If you had more withheld from your paycheck than the total tax, then you get the extra back as a refund. If you didn't have enough withheld, you don't get a refund and have to pay the rest of what you owe.





A refund is like getting change back at a grocery store if you give them a $20 and your bill is just $14. It isn't extra money the tax people just give you - they are only returning your overpayment.





The time it takes to get your refund after you file your return varies depending on whether you efile or file by mail, and whether you ask for direct deposit to your bank account or ask for a check in the mail. The fastest is efiling with direct deposit - that takes 8-15 days after you file. Efiling but getting a paper check takes about a week longer. If you file by mail your refund will take 5-8 weeks. You can file your return as soon as you have all of your paperwork - companies are required to have W-2's out by January 31 but sometimes get them out a little earlier. The deadline for filing is April 15.
Reply:do you have kids? IF SO ONE THOUSAND...IF NOT VERY LITTLE BACK
Reply:Usually the store would give you your w-2 sometime in January. All forms have to be given by Jan. 31st. Then you use Turbo Tax or whatever program plug the info in and that tells you. If you e-file, and I usually file by mid Feb. usually it is a quick turn around because I'm probably one of the first 1000 or so people to send it in... But if you owe I would wait to send it in till April 15th...
Reply:February like everybody else. what you get back matters on a lot of different things.you may or may get anything back in fact you could owe money.


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