Essay
Doug and Lisa have determined that their tax liability on their joint return is $3,700. They have made prepayments of $1,000 and also are entitled to a $2,000 child tax credit and $2,900 of recovery rebate credit. Assume they did not receive the recovery rebate in advance. What is the amount of their tax refund or taxes due?
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$2,200 taxes refund ...View Answer
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