How much I can get for my tax return?

Question

I am going to apply my tax return for 2007(Jun,2007-Jun 2008),I paid 12000$ around for tax totally in 8.5 months, anyone know how much I can get for my tax return? thanks a lot..:)

Answer 1

All depends on how much you earn and what deductions you have. You can do your tax on-line, just before you lodge it it will give you an estimate on how much you receive back or if you have to pay.

Answer 2

depends on how many deductions you have, they differ for what type of industry you are in

Answer 3

If your taxable income was $45,000 your tax liability would be $8,850. On this basis you should get a refund of $3,150

Answer 4

O.k this is a very frustrating question that many people ask around this time of year. Are you single, what is your occupation, do you have private health insurance, do you have a car, do you support your parents in any way, are you paying off a house, do you do much overtime, have you done any training courses for your work, are you in a union, do you donate to charity? without this and other information theres no way you can get a figure, I can only say if I personally earned that amount and I am a factory process worker, I would estimate a return of around $3000-$4000, however just remember if you go to an accountant you might get a busy accountant that doesn't take the time to get you all your benefits and doesn't bother to understand tax pack themselves and you might get a lousy amount. Go to someone who knows what they are doing or read tax pack thoroughly, becasue I assure you that the tax department calls you if they think you've underpaid but if you've overpaid they don't tell you a thing