Taxes deduction question??

Question

ok this is my first check ever !! i got deducted fica $50.49 FED WT $48.81 WI ST $27.39 my gross pay was 660 and net pay 533.31 do i get any of that money back??total deductions were 126.69??

Answer 1

It really depends on what you claim on your withholding. If your single and claim O you may get money back. If you claim 1 you may just about break even. Anymore than 1 if your single you may have to pay at the end of the year because you weren't paying enough during the year from your withholding.  

Answer 2

It depends on your situation, if someone else can claim you as a dependent, your total salary, etc, but the only part you CAN get back is the FED WT (federal withholding) part, and the WI ST (Wisconsin state?) part.  The FICA you do not get back, that is for Medicare and social security.  Do your parents claim you on their taxes (do you live with them and they provide over 50% of your expenses).  I assume you are single, with no children?  If you make less than $8800 (approx) total this year and your parents do not claim you as a dependent you can get all of your FED WT back in the form of a tax refund next year when you file.  I don't know how Wisconsin income tax works personally.  Is this a weekly paycheck, monthly?  Makes a big difference for an actual answer to your question.

Answer 3

Not the FICA.  The others, maybe - if they withheld more than you owe at the end of the year, you'll get any extra back.  That could end up being all of it, but no way to tell yet.

Answer 4

It depends on your situation at then end of the year. Maybe.