If $4,339 was withheld during the year and taxes owed were $4,130, would the person owe...
If $4,339 was withheld during the year and taxes owed were $4,130, would the person owe an additional amount or receive a refund? What is the amount? Enter the amount as a positive amount.
Homework Answers
Here , the amount of taxes owed is less than the amount withheld during the year. This excess amount should be refunded.
Amount withheld = $ 4339
Amount owed = $ 4130
Amount of Refund = $ 4339 - $ 4130
= $ 209
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