Question

Luis computed his taxable income for last

year as $31,453. During the year, he paid
$5,661 in federal withholding. Use the tax
table to find the amount of money Luis
will receive as a tax refund.
If line 43 (taxable And you are
income) is
single
At
But less
Your tax is
least than
31,400 31,450 4,289
31,450 31,500 4,296
31,500 31,550 4,304
31,550 31,600 4,311
A $1,372
C$1,357
B $1,365
D$1,350

Answer 1

$1,365

Explanation:

According to the tax table, he owes 4,296 in taxes but he paid 5,661.

so his refund is 5661-4296 = 1,365