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Erica is a single parent with three children who lives in Pennsylvania. Randall is her 19 years old son is a full-time student at Heartland
- Erica is a single parent with three children who lives in Pennsylvania. Randall is her 19 years old son is a full-time student at Heartland College and earned $4,900 in 2021 at his part-time job. Tiffany is 9 and Donna is 1 All three live at home with Erica who provides more than half of their support.
- Erica had wages in 2021 (box 1 of W-2) of $65,500 and $2,600 was withheld from her check for federal taxes. She received 1099-Int from First Federal Savings Bank for $32, Olympic Savings for $78 and State of Pennsylvania general bonds $200.
- Erica contributed 2,200 to her HSA for 2021.
- Some payments that Erica thinks might be deductible are: $3,140 withheld from check to pay state income taxes, $695 sales tax paid on purchase of car, copayments on various visits to doctors and dentists $920, $2,750 for health insurance withheld from her check that reduced box 1, $7,850 for interest on first mortgage to acquire the home and $2,634 interest paid on 2nd mortgage to fix up the house, real estate taxes $4,820, private mortgage insurance $620, losing lottery tickets $520(no winners), $300 to get her taxes for last year prepared, gifts to her church $3520, two loads of clothes to goodwill $150, mileage to raise money for the AHA Heart Walk 200 miles, gave $200 to her sister to buy food.
- Erica had wages in 2021 (box 1 of W-2) of $65,500 and $2,600 was withheld from her check for federal taxes. She received 1099-Int from First Federal Savings Bank for $32, Olympic Savings for $78 and State of Pennsylvania general bonds $200.
- Erica contributed 2,200 to her HSA for 2021.
- Some payments that Erica thinks might be deductible are: $3,140 withheld from check to pay state income taxes, $695 sales tax paid on purchase of car, copayments on various visits to doctors and dentists $920, $2,750 for health insurance withheld from her check that reduced box 1, $7,850 for interest on first mortgage to acquire the home and $2,634 interest paid on 2nd mortgage to fix up the house, real estate taxes $4,820, private mortgage insurance $620, losing lottery tickets $520(no winners), $300 to get her taxes for last year prepared, gifts to her church $3520, two loads of clothes to goodwill $150, mileage to raise money for the AHA Heart Walk 200 miles, gave $200 to her sister to buy food.
How much would Erica receive as a refund from her 2021 taxes if she already received the full amount of any stimulus payment and half of the child tax credit that was allowed during 2021?
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