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Nicole has 3 jobs during the year 2020, earning a total of $150,000. In job 1, she earned $65,000. Job 2 got Nicole $75,000 and
Nicole has 3 jobs during the year 2020, earning a total of $150,000. In job 1, she earned $65,000. Job 2 got Nicole $75,000 and job 3 was $10,000. Each job withheld 6.2% Social Security Tax. Nicoles tax liability for the year is $10,000 and she has income tax withholding of $9000. What is her refund/balance due for the year?
a. None of these
b. $237.40 balance due
c. $1000 balance due
d. $0 refund
e. $237.40 refund
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