At what point do you make too much money to get it all back in tax returns? What's the income bracket for a full return?

Don't know how else to word it heh

irs.gov

I have asked this question before on other sites, and what I learned is you cannot get a full tax return. If you do claim returns on all your taxes they will audit you, and even if show them proof they will hit you up with something you owe. Sounds like a fast track to spending some time in jail or prison to me. The government is real slow about paying what it owes, but will jail you if you even hesitate to pay them. The government sucks!

Perhaps you wish to ask 'at what point do you actually begin to pay taxes to the federal gov't'?

You start paying taxes after about $0 of income without deductions; but there is a standard deduction of $3-5K depending on your filing status.

If you plan it right, and spend correctly, you'll minimize your taxes. Filing with deductions is a bit more complicated than the standard 1040EZ or if you are on salary getting a W-2, but it can be done. Pretty much, unless you go to some trouble managing your spending and your taxable income, you're stuck with the tax tables the IRS site. The schedule K rates for 2009, as I read them so far, seem VERY painful for us! I can't wait to see what obamation we get to see by the 2010 or 2011 tax tables! I bet thats why they say that the world ends in 2012, that's when our tax rate goes to 100%!!

For a single person filing individually, the table below shows 2009 taxes due ... as you can see, the more you make, the more you get destroyed!

At $372K for example, you get up to amost 70% income tax ... there is no way to get rich quick anymore :-) Keep it under $171K for the highest amount of income with the least tax hit! See below...

•10% on income between $0 and $8,350

•15% on the income between $8,350 and $33,950
+ an additional $835

•25% on the income between $33,950 and $82,250
+ an additional $4,675

•28% on the income between $82,250 and $171,550
+ an additional $16,750

•33% on the income between $171,550 and $372,950
+ an additional $41,754

•35% on the income over $372,950
+ an additional $108,216

You won't ever get it all back. They take out social security and other taxes that you don't get back. As for the federal and state how much depends on how many deductions you claim.