Question

Julia’s gross pay was $4,500 last year. The federal income tax withholding from her pay was 13% of her gross pay. Julia determined the federal income tax she owes is $495. How much of a refund can Julia expect?

Answer 1

$4,500 Gross Pay
13% Federal Income Tax is $585
$585-$495=$90 is her refund

Answer 2

Answer: Julia can expect $90 as a refund amount .

Explanation:

Since we have given that

Gross pay of Julia = $4500

Rate of federal income tax withholding from her pay = 13%

After federal income tax , the amount becomes

`(13)/(100)* 4500=\$585`

After he determined the federal income tax she owes = $495

So, Amount of refund Julia can expect will be given as

`\$585-\$495=\$90`

Hence, Julia can expect $90 as a refund amount .