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Johann Had a Gross Tax Liability of $22,508 in 2016

question 108

Essay

Johann had a gross tax liability of $22,508 in 2016, but his employer only withheld taxes of $19,500. Johann's gross tax liability was $21,000 in 2015. Calculate Johann's under/overpayment in each quarter for 2016 tax purposes.


Definitions:

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