Victoria determined her tax liability was $6,451.Her employer withheld $6,145 from her paychecks during the year.Victoria's tax return would show

Name: Victoria determined her tax liability was $6,451.Her employer withheld $6,145 from her paychecks during the year.Victoria's tax return would show
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Question

Quizplus · Accepted Answer

Victoria's tax liability is the amount she owes in taxes, which is $6,451. Since her employer withheld $6,145, she has paid less than her liability by $306 ($6,451 - $6,145). Therefore, she owes the IRS $306.

Victoria Determined Her Tax Liability Was $6,451