Sheniqua, a single taxpayer, had taxable income of $79,928. Her employer withheld $12,957 in federal income tax from her paychecks throughout the year. What is the amount of refund would Sheniqua receive or additional tax she would pay? Note: Input your answer as a positive number. Use the appropriate Tax Tables.

Sheniqua, a single taxpayer, had taxable income of $79,928. Her employer withheld $12,957 in federal income tax from her paychecks throughout the year. What is the amount of refund would Sheniqua receive or additional tax she would pay? Note: Input your answer as a positive number. Use the appropriate Tax Tables.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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