Tax Return from NY BigLaw Forum

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Tax Return from NY BigLaw

Post by Anonymous User » Wed Dec 12, 2012 6:41 am

Curious as to whether anyone knows how much of a tax return we might expect. I paid taxes of ~$11, 800 on $31,000 and believe I am eligible for the lifetime learning credit.

09042014

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Re: Tax Return from NY BigLaw

Post by 09042014 » Wed Dec 12, 2012 6:51 am

fill out a 1040

Anonymous User
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Re: Tax Return from NY BigLaw

Post by Anonymous User » Thu Dec 13, 2012 11:32 pm

Anonymous User wrote:Curious as to whether anyone knows how much of a tax return we might expect. I paid taxes of ~$11, 800 on $31,000 and believe I am eligible for the lifetime learning credit.
You have to fill out a return to get a refund. Anyway, turbotax has a free online calculator that will estimate your refund in a minute or so: http://turbotax.intuit.com/tax-tools/ca ... taxcaster/

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Re: Tax Return from NY BigLaw

Post by Anonymous User » Fri Dec 14, 2012 2:10 pm

There is a thread somewhere on this forum with Excel pictures calculating tax refunds for NYC SAs. I can't find the thread, though. I want to say the refund is $6-$8K.

Here: http://www.top-law-schools.com/forums/v ... 3&t=181918

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thesealocust

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Re: Tax Return from NY BigLaw

Post by thesealocust » Fri Dec 14, 2012 2:30 pm

6-8K sounds right. There are a lot of individual factors, but that's about where it'll wind up for most people in major markets without other substantial gains or losses.

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