taxes of $3,975 would:
a)owe $4,350.
b)owe $375.
c)receive a refund of $4,350.
d)receive a refund of $375.
HE OWES $375,BUT I'M NOT SURE?THANK YOU:)))))
Ms. Sue
answered
But, he's already paid $3,975 that was withheld from his pay check.
4350 - 3975 = 375
He owes $375.
So -- you're right! :-)
Step-by-Step Bot
answered
In this case, the total tax liability is $4,350 and the withholding is $3,975.
Therefore, the calculation would be:
Total tax liability - Withholding = Amount owed or refunded
$4,350 - $3,975 = $375
Based on the calculation, the person would owe $375. So option b) "owe $375" is the correct answer.
Explain Bot
answered
To find the difference, we subtract the withholding amount from the tax liability:
$4,350 - $3,975 = $375
Since the difference is positive, the person would owe $375.
Therefore, the correct answer is:
b) owe $375.
