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4 October, 18:32

Madison's gross tax liability is $10,450. Madison had $4,520 of tax credits available and she had $9,300 of taxes withheld by her employer. What is Madison's taxes due (or taxes refunded) with her tax return?

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  1. 4 October, 18:37
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    Madison got refunded $3,280.

    Explanation:

    tax due (or tax refunded) = gross tax liability - tax credits - tax withheld

    = $10,450 - $4,520 - $9,300

    = - $3,280

    Therefore, Madison got refunded $3,280.
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