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Question 2 2 pts Jacob's 2020 tax liability is $15,800. During the year, he had $10,000 withheld from his paychecks, and he paid $3,200
Question 2 2 pts Jacob's 2020 tax liability is $15,800. During the year, he had $10,000 withheld from his paychecks, and he paid $3,200 in estimated tax payments. He is also eligible for a $1,200 child tax credit. What is Jacob's tax due or refund for 2020, and in which order will he claim the withholdings, estimated tax payments, and tax credit? Please select all correct answers below. Tax due of $1,400. Jacob would claim the withholdings first, the tax credit second, and the estimated tax payments third. Tax due of $1,400. Jacob would claim the withholdings first, the estimated tax payments second, and the tax credit third. Tax due of $1,400. Jacob would claim the tax credit first, the withholdings second, and the estimated tax payments third. Tax due of $1,400. Jacob would claim the tax credit first, the estimated tax payments second, and the withholdings third.
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