Katrina is single with a taxable income for last year of $74,431. Her employer withheld $14,870 in
Question:
Katrina is single with a taxable income for last year of $74,431. Her employer withheld $14,870 in federal taxes.
a. Use the tax table from Example 2 earlier in this lesson to determine Katrina’s tax.
b. Does Katrina get a refund?
c. Find the difference between Katrina’s tax and the amount withheld by her employer.
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Step by Step Answer:
a Using the tax table in Example 2 earlier in this lesson we find that 74431 falls in the Over 74000 ...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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