McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

Exercise 25

This year Luke has calculated his gross tax liability at $1,800.Luke is entitled to a $2,400 nonrefundable personal tax credit, a $1,500 business tax credit, and a $600 refundable personal tax credit.In addition, Luke has had $2,300 of income taxes withheld from his salary.What is Luke's net tax due or refund?