question 7 (4.5 points) retake question you calculated that you owe $5,251.14 in taxes. you qualify for an…

question 7 (4.5 points) retake question you calculated that you owe $5,251.14 in taxes. you qualify for an earned income tax credit of $4,213. how much do you owe after applying the tax credit? your answer: answer

question 7 (4.5 points) retake question you calculated that you owe $5,251.14 in taxes. you qualify for an earned income tax credit of $4,213. how much do you owe after applying the tax credit? your answer: answer

Answer

Explanation:

Step1: Identify the operation

We need to subtract the tax - credit from the tax amount owed. $5251.14−4213$

Step2: Perform the subtraction

$5251.14 - 4213=1038.14$

Answer:

$1038.14$