Cooper is a single dad with 1 child and his TOTAL tax liability for the current tax year is $2,100.His EIC amount is $3,094 and he had no withholdings during the year.What amount of tax refund or tax owed would be on Cooper's tax return?
A)$0.
B)$994 tax refund.
C)$2,100 tax owed.
D)$3,094 tax refund.

Question

Quizplus · Accepted Answer

Since Cooper's Earned Income Credit (EIC) of $3,094 is more than his total tax liability of $2,100, and he had no withholdings, he would receive the difference as a refund. Subtracting his tax liability from his EIC ($3,094 - $2,100) equals $994, which is the amount of his tax refund.

Cooper Is a Single Dad with 1 Child and His