Author Question: Solve the problem. Round to the nearest cent.Mr. and Mrs. Jarmel have a combined taxable income of ... (Read 132 times)

imowrer · **on:** Feb 26, 2020

Question 1

Solve the problem. Round to the nearest cent.

Dr. Henry Kril is filing his tax as a head of household. His taxable income is $210,630 and his W-2 form shows he has already paid $59,516. Calculate his tax refund or payment.
◦ $3891.17 payment
◦ $6401.85 refund
◦ $10,066.10 payment
◦ $10,066.10 refund

Question 2

Solve the problem. Round to the nearest cent.

Mr. and Mrs. Jarmel have a combined taxable income of $416,658. Their W-2 form shows they have already paid $77,205. Calculate their tax refund or payment.
◦ $35,924.30 payment
◦ $43,941.64 refund
◦ $44,154.30 payment
◦ $35,924.30 refund

juliaf · **Reply #1 on:** Feb 26, 2020

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