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David and Lilly Fernandez have determined their tax liability on their joint tax return to be $1,745. They have made prepayments of $2,290 they receive
David and Lilly Fernandez have determined their tax liability on their joint tax return to be $1,745. They have made prepayments of $2,290 they receive a child tax credit of $500, and a recovery rebate credit of $2,900 (they did not receive this in advance). What is the amount of their tax refund or taxes due?
I can't seem to add these up properly, I am getting the wrong solution with each attempt.
David and Lilly Fernandez have determined their tax liability on their joint tax return to be $1,745. They have made prepayments of $2,290 they receive a child tax credit of $500, and a recovery rebate credit of $2,900 (they did not receive this in advance). What is the amount of their tax refund or taxes due? (1) (2) (3) (4) Answer is not complete. Description Amount Total tax $ 1,745 Prepayments $ (2,290) Child tax credit Recovery rebate credit (2,900) Tax refundStep by Step Solution
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