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will i receive a refund or end up paying this coming tax season?

okay so i am a server in Virginia, i make 2.28/hr and pretty much always make $400/week. i claim 100% of all my tips. Can anyone give me an idea if i will have to pay in when i file taxes? i will be filling as single, i have no dependents, or deductions i know of. i was a full time student during the srping of 2012, i live by myself and support myself completely.

Asked By: - 9/26/2012
Best Answer - Chosen by Asker
You might end up owing some tax amount and then again you might NOT end up owing some amount BUT only if and when your employer is withholding some of the REQUIRED tax amounts OUT of your GROSS wages TIPS earing for each GROSS pay amount of 400 for the 1 week pay period for this purpose... More
Answered By: Bobbie - 9/27/2012
Additional Answers (5)
ok.......taxes where? federal ? state? city?..........you dont say where you are... More
Answered By: Kerry - 9/26/2012
 
If your employer is taking out taxes properly, and you claimed the proper number on your W-4, you should be OK and not owe and maybe get a refund.
Answered By: Judy - 9/26/2012
 
$400 a week, that's about $21K for the year. As a single person, your taxable income is pretty low, if taxes have been withheld all along, you shouldn't have to pay anything in. Do you claim your tips to the employer, so they withhold taxes?
Answered By: the kid - 9/27/2012
 
your non taxable income is $9750 for 2012 anything in excess of that will be taxable with the lowest rate 10% which increases as your excess increases depending on how much has been withheld from your paycheck how much refund you will have and if you are 25 and eligible for some EIC
Answered By: tro - 9/27/2012
 
You'll get a 1098-t from your college, which may entitle you to education tax credits... More
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Answered By: chatsplas - 9/30/2012
 
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