Single parent w/ teen dependent - $31k income - What refund should I expect?
Made $31k this year with one dependent who's 17. Paid $2,186 in federal and $1,044 in state taxes. First time filing with a dependent. Anyone know roughly what I should expect back? Getting anxious about the numbers.
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Ava Johnson
Based on the info provided, you're likely eligible for Child Tax Credit and Earned Income Credit. With your income level and a 17-year-old dependent, you could be looking at a decent refund. I'd estimate around $3500-4000 federal, but don't quote me on that - every situation is unique.
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ElectricDreamer
•omg that would be amazing! didn't realize it could be that much 🙏
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Miguel Diaz
•dont get too excited yet, my situation was similar and i only got like 2800 back
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Zainab Ahmed
Hey! Instead of playing the guessing game, you should try taxr.ai - its this new tool that can analyze your transcript and tell you exactly what to expect. It costs $4.99 but totally worth it to know the real numbers. https://taxr.ai
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Connor Byrne
•is it legit? seems sus that it can predict refunds accurately 🤔
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Zainab Ahmed
•100% legit! It uses AI to analyze your actual transcript data. Way better than random internet guesses lol
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Connor Byrne
•just tried it and WOW! it broke down everything perfectly and showed me why my refund was delayed. Best $5 I've spent this tax season fr fr 💯
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Yara Abboud
depends on ur filing status too - head of household gets better rates than single
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PixelPioneer
did u get any stimulus payments last year? that could effect it
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ElectricDreamer
•nope, no stimulus
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Keisha Williams
I'm in literally the exact same boat! Following this thread 👀
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Paolo Rizzo
make sure you claim head of household if ur eligible, its a huge difference vs single filing status
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ElectricDreamer
•yea def doing head of household, thx!
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