Nathan Is 24 Years Old and Works as an Accountant

question 79

Essay

Nathan is 24 years old and works as an accountant in a salmon cannery in Alaska. His total wages for 2014 were $32,000. Federal income tax of $4,500 was withheld from his wages. His only other income was $260 of interest and he had no deductible expenses.
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Calculate the income tax due or income tax refund on Nathan's 2014 individual income tax return. Use the tax formula for individuals and show your work.