24
Feb

If you received a tax refund check for $300,000.00 approximately how much would your annual income be?


Answer:
No way to tell, since the size of the refund depends on too many other variables that you don't have (amount withheld, size and number of deductions, sources of income).

Answer:
A refund is the overpayment of taxes. the idea is to have the exact amount of tax withheld so there is no refund or payment. So your question makes absolutely no sense, because no one would let the government sit on that much money each week.

Answer:
Impossible to tell, and it's doubtful that anyone in the real world would get a refund check almost that massive. Nobody making that kind of money would be ignorant enough to have so much over-withheld.

Answer:
There’s no set relationship. And I doubt you'll ever see a $300K refund check.

Answer:
I want that refund check!!

This entry was posted on Tuesday, February 24th, 2009 at 9:56 pm and is filed under Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or TrackBack URI from your own site.

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