Multiple Choice
In 2019,Rita is divorced with one child.She has AGI of $20,000 resulting in a federal income tax liability of $200 and an earned income credit of $3,374.She has had $550 of federal income taxes withheld from her pay.Rita will receive a federal income refund of
A) $550.
B) $2,624.
C) $3,174.
D) $3,724.
Correct Answer:
Verified
Correct Answer:
Verified
Q67: Lara started a self-employed consulting business in
Q68: Runway Corporation has $2 million of gross
Q69: The general business credits are refundable credits.
Q70: In the fall of 2019,Gina went back
Q71: Patty,a single taxpayer,has $100,000 of U.S.source taxable
Q73: Carlotta has $50,000 foreign-source income and $150,000
Q74: Business energy tax credits are available to
Q75: To claim the Lifetime Learning Credit,a student
Q76: A taxpayer's tentative minimum tax exceeds his
Q77: A taxpayer will be ineligible for the