David and Lilly Fernandez have determined their tax liability on their joint tax return to be $1,700.

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David and Lilly Fernandez have determined their tax liability on their joint tax return to be $1,700. They have made prepayments of $1,500 and also have a child tax credit of $1,000. What is the amount of their tax refund or taxes due?

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Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Question Posted: Jan 20, 2017 10:02 AM

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David and Lilly Fernandez have determined their tax liability on their joint tax return to be $1,700.

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David and Lilly will receive a tax refund of 800 calculated as foll...View the full answer

Taxation Of Individuals And Business Entities 2015

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