Question

Washburn's employer withheld $4,245 from his paycheck for federal

taxes. After calculating his tax liability, he discovers he will only have

to pay $3,211 this year. Will he get a tax refund and, if so, how

much?

Answer 1

Yes, he will get a refund of $1,034.

Explanation:

Consider the provided information.

Washburn's employer withheld $4,245 from his paycheck for federal taxes. After calculating his tax liability, he discovers he will only have to pay $3,211 this year.

From the above information it is clear that he has paid more taxes in that he owes, he will get a refund.

His refund is the difference of $4245 and $3211.

Therefore the refund amount will be
`\$4,245-\$3,211=\$1,034`

Yes, he will get a refund of $1,034.