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Zoe has two dependent children and earns a gross yearly salary of $149,825.00. She made the following tax-deductible purchases: Medical expenses: $11,675.00 Educational expenses:
Zoe has two dependent children and earns a gross yearly salary of $149,825.00. She made the following tax-deductible purchases: Medical expenses: $11,675.00 Educational expenses: $8,201.00 Student loan interest: $2,858.00 What will happen when she files her annual taxes? A. She will receive a refund of $11,818.40 B. She will have to pay an extra amount of $11,818.40 C. She will receive a refund of $7,818.40 D. She will have to pay an extra amount of $7,818.40 Recall: Each biweekly allowance is $165.38. Standard deduction for heads of households fillers is $19,400.
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