The amount of tax refund or tax owed of person J if the tax liability is $7,525, tax credits is $1,670 and other taxes is $840 and payments are $5,300.

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Chapter 18.III, Problem 20RE

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To calculate: The amount of tax refund or tax owed of person J if the tax liability is $7,525, tax credits is $1,670 and other taxes is $840 and payments are $5,300.

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