Alice is an employee of Valley Company.She properly completed her Form 1040EZ tax return and received a refund from the IRS of $1,293.Alice had income tax withholding during the year of $4,881.Her tax liability for the year was:

Question

Quizplus · Accepted Answer

The tax liability for the year is calculated by subtracting the total tax withheld (which is $4,881 in this case) from the total tax liability, which is the amount of tax owed based on Alice's total taxable income for the year. Since Alice received a refund of $1,293 from the IRS, it means that her total tax liability was less than the total tax withheld. Therefore, her tax liability for the year would be $4,881 - $1,293 = $3,588. Option A) is the correct choice.

Alice Is an Employee of Valley Company