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Category > Business & FinancePosted 18 Aug 2017My Price9.00
Its tax time and you need to prepare your tax return.
Its tax time and you need to prepare your tax return.
You had gross earnings of $140,000 this year. You contributed $12,000 to your 401(k) retirement fund and paid $9,600 in medical premium. You get paid monthly and had $2,400 withheld from each check to go towards your taxes.
You are single, using the standard deduction and have 2 personal exemptions.
Do you owe money or are you getting an refund? In either case, what is the amount?