Horace properly completed his Form 1040EZ tax return and received a refund from the IRS of $649. Horace had income tax withholding during the year of $2,985. His tax liability for the year was:
A) $3,634
B) $2,985
C) $2,336
D)$649

Question

Quizplus · Accepted Answer

Horace's tax liability can be calculated as follows:
Income tax withholding: $2,985
Minus refund received: $649
Tax liability: $2,336 (Option C)

Horace Properly Completed His Form 1040EZ Tax Return and Received