Apparently it pays to make barely any money. Last year, since I was a full-time student with only a part-time job, I made about $6,000 and I paid about $1 in federal taxes. I hadn’t done my taxes because I figured there was no way I was getting a refund. But I just decided to do them tonight, using one of the free online services, and wouldn’t you know it? I’m getting a $429 refund due to the Earned Income Credit. This seems crazy to me, and I really hope I’m not doing anything wrong. All I did was follow the instructions. I didn’t make anything up. Does anyone know anything about this?
I Hope I’m Not Breaking Any Laws
February 20, 2008