Cooper Is a Single Dad with 1 Child and His

question 118

Multiple Choice

Cooper is a single dad with 1 child and his TOTAL tax liability for the current tax year is $2,100. His EIC amount is $3,094 and he had no withholdings during the year. What amount of tax refund or tax owed would be on Cooper's tax return?

• A) $0.
• B) $994 tax refund.
• C) $2,100 tax owed.
• D)$3,094 tax refunD.$3,094 - $2,100 = $994 tax refund: EIC is a refundable credit.