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Dale’s employer withheld $9,873.33 in federal taxes last year. His tax is $8,792.75. a. Does Dale get a refund or does he owe the government money? b. What is the difference between Dale’s tax and the amount withheld by his employer?

Respuesta :

Answer:

$1,080.58

Explanation:

Data provided in the question

Employer withheld in federal taxes last year = $9,873.33

His tax amount is $8,792.75

So by considering the above information, the Dale get a refund because the tax amount i.e $8,792.75 is less than the withheld amount i.e $9,873.33

So, the refund amount is

= $9,873.33 - $8,792.75

= $1,080.58

Hence, the difference in amount would be treated as a refund

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