Question

lizavetas taxable income is $26,360. she paid $2,760 in federal withholding. if line 43 (taxable income is - and you are single at least but less than your tax is - 26,200 26,250 3,509 26,250 26,300 3,516 26,300 26,350 3,524 26,350 26,400 3,531 find the tax due on lizavetas income. then tell whether she will have to pay an additional amount or will get a refund. use the tax table above. the tax due for her income level is $, so she will (select) amount of $ (select) have to pay an additional receive a refund

Explanation:

Step1: Identify tax - due from table

Lizaveta's taxable income of $26,360 is in the range of $26,350 - $26,400. So the tax due is $3,531.

Step2: Compare with federal withholding

She paid $2,760 in federal withholding. Since $3,531>2,760, she has to pay an additional amount.

Step3: Calculate additional amount

The additional amount is $3,531 - 2,760=771$.

Answer:

The tax due for her income level is $3,531, so she will have to pay an additional amount of $771.