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Fernando's gross tax liability is $7,000. Fernando had $2,000 of available credits and he had $4,000 of taxes withheld by an employer. How much are
Fernando's gross tax liability is $7,000. Fernando had $2,000 of available credits and he had $4,000 of taxes withheld by an employer. How much are Fernando's taxes due (or taxes refunded) with the current year tax return? Multiple Choice $5,000 taxes due. O (0) $1,000 taxes due. O $1,000 tax refund. $3,000 taxes due
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