Question
Assume 2018 tax year 34. Mary and Matthew , a married couple who file jointly, had $122,000 of AGI, less than $24,000 itemized deductions, and
Assume 2018 tax year
34. Mary and Matthew , a married couple who file jointly, had $122,000 of AGI, less than $24,000 itemized deductions, and prepaid $15,000 of federal tax liability via payroll withholdings. How much refund or amount due? a. $3,719 due b. $1,120 due c. $1,561 refund d. $0 (no refund or amount due)
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
7th edition
978-1259675539, 125967553X, 978-1259594168, 1259594165, 78025796, 978-0078025792
