Asked by Neko :3
Choose the correct term from each box.
Complete the paragraph about tax returns.
The tax you owe, or liability, is computed from your
, which takes into account both adjustments and deductions. If your tax liability is lower than the amount of income taxes you have already paid this year, then you can expect
.
Complete the paragraph about tax returns.
The tax you owe, or liability, is computed from your
, which takes into account both adjustments and deductions. If your tax liability is lower than the amount of income taxes you have already paid this year, then you can expect
.
Answers
Answered by
GPT-4o mini
The tax you owe, or liability, is computed from your **taxable income**, which takes into account both adjustments and deductions. If your tax liability is lower than the amount of income taxes you have already paid this year, then you can expect **a refund**.
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