Oscar is single with a taxable income for last year of $74,555. His employer withheld $16,381 in
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Oscar is single with a taxable income for last year of $74,555. His employer withheld $16,381 in federal taxes.
a. Use the tax table from Example 2 earlier in this lesson to determine Oscar’s tax.
b. Does Oscar get a refund?
c. Find the difference between Oscar’s tax and the amount withheld by his employer.
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a Oscars tax 16381 x 12 1857 b Yes Oscar gets a refund c The difference be...View the full answer
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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