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6.13 Exercise 9

Avg difficulty 2.5

Chanajah calculated their tax owed, which came to $4,300. They have an earned income tax credit of $2,190, a child tax credit of $2,000, and a child and dependent care tax credit of $4,000. How much tax does Chanajah owe, or how much will they get in a refund?

OpenStax Contemporary Mathematics, 6.13 Income Tax, exercise 9

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Adapted from Contemporary Mathematics © 2023 Rice University. Licensed under CC BY 4.0. Source: Contemporary Mathematics. Imported at revision fa7c1a1.