Question

What will your tax refund be if you owe $2,142.99 in taxes and have already paid $2,700.27?

Answer 1

557.28

Explanation:

since it is a refund you subtract the amount due from the amount paid to get 2700.27 - 2142.99 = 557.25

Answer 2

Answer: Your tax refund will be $557.28

Explanation:

Hi, to solve this problem we have to subtract the amount due ( $ 2,142.99) to the amount already paid by you ( $ 2,700.27).

So, mathematically speaking:

amount paid - amount due = tax refund

$2,700.27 -$2,142.99 = $557.28

In conclusion, your tax refund will be $557.28.

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