Why am I only getting 195 back in federal when 1200 was withheld? I made 26000 this year. Shouldn't I be getting all of the 1200 back?

tkroyroy851 · ‎March 7, 2024

xmasbaby0 · ‎March 7, 2024

You have not mentioned your filing status or whether you have any dependents. But if you are single and made $26,000, you have over $12,000 of taxable income. Why do you think you should get all of the tax withheld back? Your standard deduction---the amount of your income that is "tax free" is $13,850. The amount of income you received that you still must pay federal tax on is $12,150. Sorry----you do not get the whole $1200 back.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

xmasbaby0 · ‎March 7, 2024

You are posting from TurboTax Live. You can arrange for the Live help you are paying the extra fee for with your questions from 5 a.m. to 9 p.m. Pacific time.

https://ttlc.intuit.com/questions/4124827-how-do-i-connect-with-a-tax-expert-in-turbotax-live

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Expert does your taxes

Do it yourself

Resources

Support

Why am I only getting 195 back in federal when 1200 was withheld? I made 26000 this year. Shouldn't I be getting all of the 1200 back?