Madison's gross tax liability is $9,000. Madison had $3,000 of tax credits available and she had $8,000 of taxes withheld by her employer. What is Madison's taxes due (or taxes refunded) with her tax return?
A) $0 taxes due and $0 tax refund.
B) $6,000 taxes due.
C) $2,000 tax refund.
D) $1,000 taxes duE.Gross tax liability minus credits minus payments equals tax refund ($9,000 - 3,000 - 8,000 = $2,000 tax refund) .
Correct Answer:
Verified
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