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    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 1: Introduction to Taxation, the Income Tax Formula, and Form 1040ez
  5. Question
    Horace Properly Completed His Form 1040EZ Tax Return and Received
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Horace Properly Completed His Form 1040EZ Tax Return and Received

Question 48

Question 48

Multiple Choice

Horace properly completed his Form 1040EZ tax return and received a refund from the IRS of $649.Horace had income tax withholding during the year of $2,985.His tax liability for the year was:


A) $2,985
B) $3,634
C) $2,336
D) $649

Correct Answer:

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