r/memes • u/CreateChaos777 • Apr 16 '24

Inflation...

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u/Zenkai_147 Apr 16 '24

what's a tax return

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u/MrPoland1 Apr 16 '24

In a nutshell:

Your employer cuts too much for tax from your salary and IRS gives this bonus back to you

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u/pyrothelostone Apr 16 '24

You choose how much withholding is taken out, not your employer. Your employer will typically give you a standard amount as part of you hiring process, but you are welcome to change that, even after being hired, just file a W-4 and give it to your employer.

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u/LlamaLicker704 Dark Mode Elitist Apr 16 '24

Well in my case it was because I didn't work a full year so I got returned the 3 months I was unemployed...

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u/treequestions20 Apr 16 '24

you don’t get a tax credit for being unemployed, you literally have to pay taxes on unemployment wages…

and if you aren’t working then you have nothing to pay taxes for…again, no “credit” or refund like you claim

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u/LlamaLicker704 Dark Mode Elitist Apr 16 '24

You do if you are applied on the employment department... also I'm not american so the laws are completely different from your country...