Emily Hill is 24 years old and single, lives in an apartment, and has no dependents. Last
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Question:
Emily Hill is 24 years old and single, lives in an apartment, and has no dependents. Last year she earned $55,000 as a sales assistant for Business Solutions: $3,910 of her wages was withheld for federal income taxes. In addition, she had interest income of $142.
- Estimate her taxable income
- Estimate her tax liability
- Estimate her tax refund or tax owed
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