Will Paying for Medical Insurance Pre-Tax hurt my Income Tax Refund?

Will Paying for Medical Insurance Pre-Tax hurt my Income Tax Refund?

I’m trying to estimate my refund for next year and based on my calculations I’m not getting a whole lot considering how much I make. I claim 0 on my W-4, and if I have calculated correctly, I will have made roughly $24,108 for 2011, and have paid in roughly $2,378 in federal taxes. I will have paid 3,352.55 in benefits (medical, vision, and dental) all pretax-ed. If I’m not getting a big refund I’m not going to be a happy camper. My total refund last year was about $2,000. I’m estimated to get $609 this year. What gives?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Will Paying for Medical Insurance Pre-Tax hurt my Income Tax Refund?

I’m trying to estimate my refund for next year and based on my calculations I’m not getting a whole lot considering how much I make. I claim 0 on my W-4, and if I have calculated correctly, I will have made roughly $24,108 for 2011, and have paid in roughly $2,378 in federal taxes. I will have paid 3,352.55 in benefits (medical, vision, and dental) all pretax-ed. If I’m not getting a big refund I’m not going to be a happy camper. My total refund last year was about $2,000. I’m estimated to get $609 this year. What gives?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Will Paying for Medical Insurance Pre-Tax hurt my Income Tax Refund?

I’m trying to estimate my refund for next year and based on my calculations I’m not getting a whole lot considering how much I make. I claim 0 on my W-4, and if I have calculated correctly, I will have made roughly $24,108 for 2011, and have paid in roughly $2,378 in federal taxes. I will have paid 3,352.55 in benefits (medical, vision, and dental) all pretax-ed. If I’m not getting a big refund I’m not going to be a happy camper. My total refund last year was about $2,000. I’m estimated to get $609 this year. What gives?

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Will Paying for Medical Insurance Pre-Tax hurt my Income Tax Refund?

I’m trying to estimate my refund for next year and based on my calculations I’m not getting a whole lot considering how much I make. I claim 0 on my W-4, and if I have calculated correctly, I will have made roughly $24,108 for 2011, and have paid in roughly $2,378 in federal taxes. I will have paid 3,352.55 in benefits (medical, vision, and dental) all pretax-ed. If I’m not getting a big refund I’m not going to be a happy camper. My total refund last year was about $2,000. I’m estimated to get $609 this year. What gives?


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Will Paying for Medical Insurance Pre-Tax hurt my Income Tax Refund?

I’m trying to estimate my refund for next year and based on my calculations I’m not getting a whole lot considering how much I make. I claim 0 on my W-4, and if I have calculated correctly, I will have made roughly $24,108 for 2011, and have paid in roughly $2,378 in federal taxes. I will have paid 3,352.55 in benefits (medical, vision, and dental) all pretax-ed. If I’m not getting a big refund I’m not going to be a happy camper. My total refund last year was about $2,000. I’m estimated to get $609 this year. What gives?


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