I made $50k this year and wanted to know my potential tax refund?

I live in California, paid about $8800 in Federal Tax, $315 every pay check and $79 state tax (bi-monthly). I have 0 exemptions and 0 dependants. I also paid about $3000 in interest for school loans...I also, invested about $3000 in my 401K.

I made $50k this year and wanted to know my potential tax refund?

Go to the store and get turbo tax. There is a lot more to consider than the info you gave us. You could also go to a tax professional and get your return done. Then you would have the exact amount, and not an estimate.

I made $50k this year and wanted to know my potential tax refund?

The best way to find out is to fill out your tax return. You can%26#039;t get an accurate estimate here. There is too much information missing.

I made $50k this year and wanted to know my potential tax refund?

Your tax is based on the total income, your filing status, whether you have any dependents, etc.

50,000 - 3000 = 47000 on w-2.

47000 - 8750 (single) = 38250. (i skipped the school loans)

About $6000 in tax.

Withholding was $8800, you you might get $2800 back.

I made $50k this year and wanted to know my potential tax refund?

So, what happended to the $7k in commissions the last time you asked this question?

My previous answer stands. Go back and look at it.