*The Commerce Journal>>>United States Taxes

I made about 58k have paid 10k to fed and 2k to state w/w & 2 kids wife made about 2k any idea on return?

Federal income tax around $4600 minus the $2000 for child tax credits if both kids are under 17.

If you had $10K withheld for federal income tax that would give you a refund around $7400. The assumes that both your and your wife's income was from jobs where social security and medicare were taken out, and that both kids are under age 17.

Go to irs.gov and use their tax calculator-- it's free and will let you factor in other deductions and exemptions like contributions to your 401(k), charities, etc, and mortgage interst.

Sure. Use this calculator to find out.

http://www.hrblock.com/taxes/tax_calcula...

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