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Galacticgut
Returning Member

First time filer

I’m a first time flier and a dependent. Why is income tax estimate so low after putting in all my information? It’s only $180 , my w-2 is the only thing that could affect it because I don’t have assets or debt or anything like that . My federal income tax is $36 and my state income tax is 160 , and my wages is 8,534 . I reviewed all my answers everything is in order .

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3 Replies
DawnC
Employee Tax Expert

First time filer

If you are a dependent on someone else's return and you only have a W-2 with $8,534 of wages - your refund is going to be the amounts withheld on that W-2.   The amount in box 2 will be your federal refund and the amounts in box 17 will be your state refund.   If that is your only income, you do not owe any tax, so you get back everything that was withheld.    Verify the amounts entered from your W-2 and those amounts should be reflected in your refund amounts.   As a dependent, you are not eligible for any refundable tax credits.  

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Galacticgut
Returning Member

First time filer

Would I get anything from box 4 and 6?

AnnetteB6
Employee Tax Expert

First time filer

No, those amounts are not income tax withholdings.  Box 4 is your portion of Social Security tax and box 6 is your portion of Medicare tax.  

 

@Galacticgut

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