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personal finance

posted by on .

A person with a total tax liability of $4,350 and withholding of federal

taxes of $3,975 would:

a)owe $4,350.

b)owe $375.

c)receive a refund of $4,350.

d)receive a refund of $375.
HE OWES $375,BUT I'M NOT SURE?THANK YOU:)))))

  • personal finance - ,

    His total taxes are $4,350.

    But, he's already paid $3,975 that was withheld from his pay check.

    4350 - 3975 = 375

    He owes $375.

    So -- you're right! :-)

  • personal finance - ,

    :-))))))))

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