Question: Page 1: 1 2 3 Question 9 (1 point) Melissa is an unmarried person who earns a salary of $54,000 per year and has $500
Page 1: 1 2 3 Question 9 (1 point) Melissa is an unmarried person who earns a salary of $54,000 per year and has $500 of interest income. Her itemized deductions total $2.500. She is able to use a non- refundable credit of $400. She has $5,000 of federal income taxes withheld from her wages. What is the amount of Melissa's REFUND OR TAX DUE FOR 2020? USE THE TAX RATE SCHEDULES FOR 2020 (Appendix A) RATHER THAN THE TAX TABLES. 4 1 Page 2 6 7 8 I DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER!!! ROUND UP ANY CALCULATED NUMBER WITH DECIMALS TO THE NEXT HIGHEST DOLLAR! IF YOU GET A REFUND, ENTER AS A POSITIVE NUMBER. IF YOU GET A TAX DUE, ENTER AS A NEGATIVE NUMBER WITH A MINUS SIGN BEFORE THE NUMBER!! 9 10 11 12 13 ROUND UP ANY DECIMAL AMOUNTS TO THE NEAREST DOLLAR!! ENTER A REFUND AS A POSITIVE NUMBER AND A TAX DUE AS A NEGATIVE NUMBER (with a minus sign in front of the number)
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