question 20 (4 points) you calculated that you owe $5,332.75 in taxes. you qualify for a credit of $4,213…

question 20 (4 points) you calculated that you owe $5,332.75 in taxes. you qualify for a credit of $4,213. how much do you owe after applying the credit? your answer: answer

question 20 (4 points) you calculated that you owe $5,332.75 in taxes. you qualify for a credit of $4,213. how much do you owe after applying the credit? your answer: answer

Answer

Explanation:

Step1: Identify the amounts

The amount of tax owed is $5332.75$ and the credit is $4213$.

Step2: Calculate the remaining amount

We subtract the credit from the tax - owed amount. So, $5332.75−4213$. $5332.75 - 4213=1119.75$

Answer:

$1119.75$