How much refund to expect? Made $24k with 4 dependents, $2.5k taxes withheld
I'm trying to figure out what my refund might be this year. Made $24,200 with 4 dependents and had $2,592 taken out in taxes. For reference last year I made $22,000 and got back $10,000.
14 comments
Join the conversation
CosmosCaptain
Based on your income and dependents, you'll likely qualify for EITC and Child Tax Credits. Without more details about your dependents ages and other deductions its hard to give exact numbers but expect something similar to last year maybe slightly higher since you had more withheld.
0 coins
Ravi Choudhury
•my kids are 4, 7, 11, and 13
0 coins
CosmosCaptain
•oh yeah youll def qualify for full child tax credit for all of them. looking good 👍
0 coins
Freya Johansen
hey instead of guessing you should try taxr.ai - its only $5 and it'll give you a really accurate estimate based on your specific situation. I used it last week and it was spot on with my refund prediction https://taxr.ai
0 coins
Omar Fawzi
•Is it legit? seems to good to be true
0 coins
Freya Johansen
•totally legit! it uses AI to analyze your tax situation. saved me hours of research
0 coins
Omar Fawzi
•just tried it - holy cow this thing is amazing! gave me exact numbers and explained everything 🙌
0 coins
Chloe Wilson
in the same boat as u with 4 kids. got like 11k back last year with similar income. ur probably looking at around the same maybe more
0 coins
Diego Mendoza
make sure u file head of household if eligible, makes a huge difference!
0 coins
Ravi Choudhury
•yep thats what i always do!
0 coins
Anastasia Romanov
dont forget about earned income credit, thats gonna be a big chunk of ur refund with 4 kiddos
0 coins
StellarSurfer
bruh ur gonna get paid 🤑 4 dependents is the sweet spot
0 coins
Sean Kelly
•fr fr the tax system actually works for once lol
0 coins
Miguel Diaz
With your income level and 4 dependents, you're looking at some solid refund potential! The Child Tax Credit alone could be $8,000 ($2,000 per child), plus you'll likely qualify for a substantial Earned Income Tax Credit. Given that you had $2,592 withheld and got $10k back last year on similar income, I'd estimate you're looking at $10,000-$12,000 this year. The extra withholding this year should boost your refund even more. Just make sure you have all your documentation ready when you file!
0 coins