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Find the Tax Refund or Tax Due for the Following

Question 17

Multiple Choice

Find the tax refund or tax due for the following people. The letter following the name indicates the marital status. Assume a 52-week year and that all married people are filing jointly. Use $4050 for each personal deduction, a standard deduction of $6300 for single taxpayers, $12,600 for married taxpayers filing jointly, and $9300 for head of household and the tax rate schedule. Find the tax refund or tax due for the following people. The letter following the name indicates the marital status. Assume a 52-week year and that all married people are filing jointly. Use $4050 for each personal deduction, a standard deduction of $6300 for single taxpayers, $12,600 for married taxpayers filing jointly, and $9300 for head of household and the tax rate schedule.   -  A) $16,646.90 due B) $335.55 due C) $335.55 refund D) $16,646.90 refund
-Find the tax refund or tax due for the following people. The letter following the name indicates the marital status. Assume a 52-week year and that all married people are filing jointly. Use $4050 for each personal deduction, a standard deduction of $6300 for single taxpayers, $12,600 for married taxpayers filing jointly, and $9300 for head of household and the tax rate schedule.   -  A) $16,646.90 due B) $335.55 due C) $335.55 refund D) $16,646.90 refund


A) $16,646.90 due
B) $335.55 due
C) $335.55 refund
D) $16,646.90 refund

Correct Answer:

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