last year, nevans gross pay was $45,150. the federal income tax percent that was withheld from his gross pay…

last year, nevans gross pay was $45,150. the federal income tax percent that was withheld from his gross pay was 16%. the amount of money that nevan actually owes the government after deductions is $6,150. which of the following is true?\nnevan owes an additional $984 in federal tax.\nnevan owes an additional $1,074 in federal tax.\nnevan will receive a refund of $984.\nnevan will receive a refund of $1,074.

last year, nevans gross pay was $45,150. the federal income tax percent that was withheld from his gross pay was 16%. the amount of money that nevan actually owes the government after deductions is $6,150. which of the following is true?\nnevan owes an additional $984 in federal tax.\nnevan owes an additional $1,074 in federal tax.\nnevan will receive a refund of $984.\nnevan will receive a refund of $1,074.

Answer

Explanation:

Step1: Calculate tax withheld

The tax - withheld is 16% of the gross pay. The gross pay is $45,150. So the tax withheld is $45150\times0.16$. $45150\times0.16 = 7224$.

Step2: Determine the difference

The amount Nevan actually owes after deductions is $6150$. To find out if Nevan owes more or will get a refund, we subtract the amount he owes from the amount withheld. $7224−6150 = 1074$. Since the result is positive, Nevan will receive a refund.

Answer:

Nevan will receive a refund of $1,074.