43 - What is the amount Answer Sheniqua’s tax liability...

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49. Sheniqua, a single taxpayer, had taxable income of $63,914. Her employer withheld $13,274 in federal income taxes from her paychecks throughout the year. Using the tax tables, would Sheniqua receive a refund or would she be required to pay additional tax?
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Unformatted text preview: What is the amount? Answer: Sheniqua’s tax liability is $12,405. Her employer withheld $13,274 from her paychecks. Sheniqua has overpaid by $869 ($13,274 - $12,405) so she is entitled to a refund of that amount....
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