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Thepotemich [5.8K]
3 years ago
6

Jamison's gross tax liability is $7,255. Jamison had $2,450 of available credits and he had $4,050 of taxes withheld by his empl

oyer. What are Jamison's taxes due (or taxes refunded) with his tax return?
Business
1 answer:
STALIN [3.7K]3 years ago
6 0

Answer:

$755 taxes due  

Explanation:

Data provided in the question

Gross tax liability = $7,255

Credits available = $2,450

Taxes withheld by his employer = $4,050

So by considering the above information, the Jamison taxes due with his tax return is

= Gross tax liability - credits available - taxes withheld by his employer

= $7,255 - $2,450 - $4,050

= $755 taxes due  

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Explanation:

A purpose would be referred to as realistic, when it is backed by real evident reasons which determine the chances of happening or non happening of an event. It refers to realistic perception which is backed by logics, reasons and practicality rather than a  desire, whim or an impulse.

In the given case, the company is going through a rough patch financially. In such a scenario, one of it's employees is desirous of pay raise and is considering to compose and send a message for the same object.

With available facts and situation apparent to the employee, it would first realistically seek an answer to the question, whether realistically his demand would be met, given the situation.

The employee needs to weigh in the pros and cons and decide if it would be the right time to send such a message and the possibility of how such a demand would be responded/reacted to.

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Explanation:

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According to the video, which workers traditionally become Construction Managers?
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Many years ago G bought a life policy. Since then G decided to replace that coverage with a policy that was purchased firsthand
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You purchased a stock at a price of $46.55. The stock paid a dividend of $1.79 per share and the stock price at the end of the y
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Explanation:

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Using this formula

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